Sponsored by American Portfolios 
The rate of economic and technological change is accelerating at the fastest pace in human history. Consider this: There have been only 24 transformative general purpose technologies (GPT)* (e.g., steam engine, electricity, computer) introduced in all of human history. Seven of the 24 were developed in the 20th Century. In the first 20 years of this new century, already three new GPTs have emerged— business virtualization, nanotechnology and artificial intelligence—positioning our current century to double the pace of the most innovative 100 years in human history.
Recognizing the quickening velocity of change, market participants will increasingly reorient their drive for alpha by relying on insights rather than scratching out alpha by managing around the margins of some static index.
In this white paper, Thematic Investing: Turning Insights into Alpha, we define:
- Thematic investing
- Discuss the different approaches to investing in themes
- Explore the varied ways to execute on a thematic thesis
- Highlight the advantages and potential pitfalls inherent in thematic investing
Clifford T. Walsh, CFP®
Chief Investment Officer
American Portfolios Financial Services, Inc.
