2026-01-13 11:56Thematic Investing - Q1 2026 Summary Industry and Company Overview - Industry Focus: The report centers on thematic investing across various sectors, highlighting trends and companies that are positioned to benefit from these themes. - Key Companies Mentioned: - WeRide (L4 autonomous vehicles) - Klarna (buy now pay later, fintech) - BETA (electric aviation) - DEWA (UAE's largest electricity & water provider) - Chery Auto (China EVs) - Others include Masimo, Scholar Rock, and more [2][14] Core Insights and Arguments - Thematic Additions: New companies added to the thematic stock list include WeRide, Klarna, InnoScience, BETA, and DEWA, indicating a focus on innovation in autonomous vehicles, fintech, and renewable energy [2][15]. - Private Capital Growth: The report notes that if private capital AUM were a country, it would be the world's second-largest economy, with a combined valuation of $1.5 trillion from 16 transformative companies, representing over 1% of global GDP [3]. - Investment Themes: The report categorizes various investment themes such as: - Energy Efficiency: Projected investments of $8-14 trillion over the next 20 years across multiple sectors [9]. - Future Mobility: A $1.5 trillion market opportunity by 2030 in electric, autonomous, connected, and shared mobility [9]. - Climate Change: Emphasizes the transition to net zero and the associated investment opportunities [9]. Important but Overlooked Content - Thematic Exposure: Companies are characterized based on their exposure to themes, categorized as Low, Medium, or High, which impacts their growth potential [11][13]. - Market Dynamics: The report highlights the importance of tracking theme-related exposure as a long-term growth driver, despite the challenges in linking thematic exposure directly to share price performance [11]. - Additions and Deletions: The report provides a detailed list of companies added and removed from the thematic stock list, indicating shifts in market focus and investment strategies [14][15]. Conclusion - The Q1 2026 thematic investing report provides a comprehensive overview of emerging trends and companies that are expected to drive significant growth in various sectors. The focus on innovative technologies and sustainable practices reflects broader market shifts towards a more transformative economic landscape.