The gaming industry is now larger than the combined music and movie industries combined, making it a major industry in entertainment says John Lobb from Insync Funds Management.
This year, the global gaming market is estimated to generate US$152.1 billion from 2.5 billion gamers around the world.
By comparison, the global box office industry was worth US$41.7 billion while global music revenues reached US$19.1 billion in 2018.
“It’s wrong to limit gaming marketplace to adolescent boys (and 20-30-year-old men) on PlayStation and Xbox. Gaming technology has now entered the mainstream in terms of pastimes.”
“Both younger girls and 20 somethings are being drawn towards the Nintendo switch for its ease of play and fun factor, perfect for couples who are having to spend a little more time at home.”
“Hollywood or even Bollywood will never regain the top spot as gaming and streaming channels like Disney+, Hulu and Netflix continue to drain cinema revenues,” said Insync’s John Lobb.
Disruption stocks can provide investment returns now?
Insync’s investment strategy concentrates on disruption and its interrelationship with a global megatrend rather than just investing in disruptive companies. Megatrends tend to be long term and less dependent on the economic cycle, so help us reduce investment risk by being more resilient during economic and market downturns. This allows us to take a buy and hold approach which reduces risk and cost in trading
“Our investment philosophy revolves around high quality companies. We look for companies that are benefiting from disruption, have long runways of growth through exposure to global megatrends and are highly profitable,” commented Mr. Lobb.
Equity Trustees Limited (“EQT”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Insync Global Quality Fund and the Insync Global Capital Aware Fund. EQT is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). This information has been prepared by Insync Funds Management Pty Ltd (ABN 29 125 092 677, AFSL 322891) (“Insync”), to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Insync, EQT nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.