investment viewpoints

    Connected and sustainable: the post-pandemic consumer

    Connected and sustainable: the post-pandemic consumer
    Pascal Menges - Head of Equity Investment Process and Research, Client Portfolio Manager

    Pascal Menges

    Head of Equity Investment Process and Research, Client Portfolio Manager
    Gael Colcombet - Senior Consumer Analyst

    Gael Colcombet

    Senior Consumer Analyst

    The state of the consumer is stronger than in previous inflationary cycles and we believe this will continue to support the investment themes of digitalisation and sustainability in the retail sector.

    In this launch issue of Futureturns – our new quarterly report on investment thematics and trends in equity markets – we examine the strength of the post-pandemic consumer, as well as structural shifts in consumer behavior that we believe will support a number of growth opportunities, going forwards.

    Key points:

    • Pandemic-related restrictions have forced a shift towards digitalisation and at-home consumption at the expense of business models based on out-of-home purchases. Digital and connected transactions are sustainably taking a larger share of consumers’ wallets.
    • Evidence points to more environmentally aware consumers who are embracing sustainability in their daily lifestyles. This has accelerated over the course of the pandemic.
    • A return to normality may favour a cyclical rebound in the travel and hospitality sector, but risks remain due to the potential emergence of covid variants and new restrictions. Pent-up demand, especially for services, could see a strong recovery under the right conditions.

    Please click the link at the top of the page to download the first edition of Futureturns.

    important information.

    For professional investor use only

    This document is issued by Lombard Odier Asset Management (Europe) Limited, authorised and regulated by the Financial Conduct Authority (the “FCA”), and entered on the FCA register with registration number 515393.
    Lombard Odier Investment Managers (“LOIM”) is a trade name.
    This document is provided for information purposes only and does not constitute an offer or a recommendation to purchase or sell any security or service. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful. This material does not contain personalized recommendations or advice and is not intended to substitute any professional advice on investment in financial products. Before entering into any transaction, an investor should consider carefully the suitability of a transaction to his/her particular circumstances and, where necessary, obtain independent professional advice in respect of risks, as well as any legal, regulatory, credit, tax, and accounting consequences. This document is the property of LOIM and is addressed to its recipient exclusively for their personal use. It may not be reproduced (in whole or in part), transmitted, modified, or used for any other purpose without the prior written permission of LOIM. This material contains the opinions of LOIM, as at the date of issue.
    Neither this document nor any copy thereof may be sent, taken into, or distributed in the United States of America, any of its territories or possessions or areas subject to its jurisdiction, or to or for the benefit of a United States Person. For this purpose, the term "United States Person" shall mean any citizen, national or resident of the United States of America, partnership organized or existing in any state, territory or possession of the United States of America, a corporation organized under the laws of the United States or of any state, territory or possession thereof, or any estate or trust that is subject to United States Federal income tax regardless of the source of its income.
    Source of the figures: Unless otherwise stated, figures are prepared by LOIM.
    Although certain information has been obtained from public sources believed to be reliable, without independent verification, we cannot guarantee its accuracy or the completeness of all information available from public sources.
    Views and opinions expressed are for informational purposes only and do not constitute a recommendation by LOIM to buy, sell or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change. They should not be construed as investment advice.
    No part of this material may be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director, or authorised agent of the recipient, without Lombard Odier Asset Management (Europe) Limited prior consent. In the United Kingdom, this material is a marketing material and has been approved by Lombard Odier Asset Management (Europe) Limited  which is authorized and regulated by the FCA. ©2022 Lombard Odier IM. All rights reserved.