The global economy appears to have entered a period of convulsive changes, some exceptionally good and others devastating, that could shape financial markets for years to come.In Ark’s view, any company not investing aggressively in one or more of five major platforms of innovation will lose its way. In harm’s way are companies that have engineered their financial results to satisfy the short-term demands of short-sighted investors.Those that have leveraged their balance sheets to buy back shares and pay dividends are at particular risk as they will have less balance sheet flexibility to invest in response to the technological shift.
+INFO: Financial Times
