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Investing in the Future

The future is green; or at least greener than it is at present if recent government announcements in respect of transport and energy come to fruition. Starting with transport, not only is the government making a £225 million fund available to support local council efforts to reduce pollution; it has also announced a ban on the sale of new petrol and diesel cars and vans from 2040.

This policy shines the spotlight on electricity generation, perhaps the reason why the government has also announced a £246 million investment in battery technology development. In addition, proposed changes to the rules on power generation and storage are designed to add flexibility to the power market, encouraging people to generate and store their own electricity as well as boosting incentives for off-peak use.

Does this shakeup of the power and automotive markets mean that investors should be starting to look more towards companies and funds offering green technologies or reviewing their investments in automotive or petrochemical companies? The straightforward response is that there is no single ‘one size fits all’ answer. Although we carry out detailed fund research, looking at areas such as the quality of each fund management team together with fund and sector performance, every client has their own individual set of current circumstances and future expectations and these have to be taken into consideration when making a portfolio recommendation.

Any changes in personal or external circumstances are then taken into account when regularly reviewing investments to ensure that as far as possible they are geared towards meeting individual requirements. If you’re looking for pensions or investment advice, or if your situation has changed and you may therefore need to review your existing investments, contact Beckworth by using one of the links on our website.