Innovation drives earnings, and earnings drive stock prices. It is a simple yet powerful conviction has underpinned our DPAM Equities NEWGEMS Sustainable strategy since its inception. We break down why we believe this multi-thematic approach is ready and able to capitalise on the next phase of global growth.

Everyone is asking the same question: is AI the new dot-com bubble? Stock prices are climbing, headlines are growing louder, and the hype is hard to miss. But under the surface, this cycle does not necessarily behave like a bubble that’s ready to burst. It looks much more like the early days of smartphones or cloud computing: large-scale adoption, real productivity gains, and hard physical bottlenecks that prevent oversupply.

Medical technology encompasses the equipment, devices and diagnostic tools used to treat and monitor health conditions. The sector is driving significant improvements in healthcare, from cardiology to outpatient care. These innovations not only enhance outcomes but also make treatments more efficient and accessible. For investors the sector offers a narrative of impact and opportunity.