Arnaud Bisschop, co-manager of Pictet Water from brazil and per highlights of Watch Video
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Description: Arnaud Bisschop, co-manager of Pictet Water highlights the defensive behaviour of the global water industries relative to MSCI World index. About 45 per cent weight is in water utilities with a stable stream of cash flows less sensitive to cycles. Aside water treatment companies have recurring revenues. Technology ones are more cyclical and tend to grow at the six per cent annual rate of the overall industry with the infrastructure needs.These companies have learned from last recession and the
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