by UBS

The future of meat

We are on the cusp of a new agriculture revolution – and investor appetite is strong.

Livestock takes up nearly 80% of farmed land globally, yet produces less than 20% of the world's supply of calories, and all the while, the number of mouths we need to feed keeps growing.

A new UBS report (read here) examines the investment opportunities provided by alternative ‘clean’ ways to feed the planet, from cellular meat to plant-based proteins – a market projected to balloon to $85bn by 2030.

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Are profits still a good thing?

Uber. Lyft. Snap. These US tech groups floated with multibillion-dollar valuations, yet all of them made losses last year, one-offs excluded. But tech successes such as Google and Facebook have made investors more willing to wait for companies to turn a profit. Meanwhile, the profit motive itself is under attack for fostering inequality. In light of this, the FT’s Jonathan Guthrie asks, “Are profits still a good thing?”

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