Some exciting new equity baskets are coming next year
Our equity theme baskets will undergo a yearly review in January and some of the baskets will likely see changes which we will communicate. Outside the yearly review process changes are only happening if a stock is delisted, acquired or some major IPO cannot be ignored in the theme.
But what are the new themes we are working on? We still have the robotics & automation theme in the pipeline, but it has proved to be more difficult to isolate in terms of pure exposure and risk drivers, but we expect it to be published in 2022. In the light of the ESG trend we are planning a Women leadership basket which will focus on companies with a share of women in the leadership and board of directors. This basket is in the pipeline to provide investors with a set of companies that diverges significantly on the gender leadership issue and thus represent a change in society.
The energy crisis centered around supplies of natural gas has evolved into a fertilizer production crisis with soaring prices (see chart) which will impact food prices next year. As part of this year, we will launch a food basket which will consists of vertical farming, animal producers, seeds producers, sugar and coffee producers and distributors, farming equipment. This basket will have some overlap with the commodity basket but will be much more narrow.