Wells Fargo Investment Institute Report: Transformative Technologies
April 26 2022 - 9:15AM
Business Wire
New report outlines investment opportunities in artificial
intelligence and genomics
Wells Fargo Investment Institute (WFII) today released a new
report titled Transformative Technologies: Investment Opportunities
in Artificial Intelligence and Genomics. The report explores these
important transformative technologies, how they work, and how they
will shape the future, as well as potential investment
opportunities.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220426005466/en/
(Photo: Wells Fargo)
“Artificial intelligence (AI) and genomics have become more
common and have the potential to influence not only how we live our
lives, but also many sectors of the global economy in which we work
and invest,” said Justin Lenarcic, senior wealth solutions analyst.
“Our understanding of the ongoing evolution of these technologies
plays a crucial role in identifying investment opportunities for
investors.”
The report is broken down into three main sections to help
investors understand how technology may impact the global economy
over the next decade:
- The age of AI: Explains the origins and types of AI,
machine learning, and neutral networks, as well as the key
applications of AI today and in the future.
- CRISPR and the genomics revolution: Discusses the
evolution of gene therapy to gene editing through the discovery of
CRISPR (clustered regulatory interspaced short palindromic repeat),
and how genomics has become a critical tool in possibly treating
and preventing cancer and other diseases and conditions.
- Investing in AI and genomics: Includes practical
portfolio guidance from WFII’s Global Investment Strategy, Global
Securities Research, and Global Manager Research teams.
WFII has a favorable view on Information Technology and Health
Care, which can benefit from developments in AI and genomics and
believes that Communication Services, Financials, and Industrials —
WFII has a neutral view on all three — can also benefit. Its
analysts believe that there is a broad variety of investment
options from technology-focused mutual funds and exchange-traded
funds (ETFs) to private placements available to qualified
investors.
Risk considerations
Alternative investments, such as private equity funds are not
appropriate for all investors and are only open to “accredited” or
“qualified” investors within the meaning of U.S. securities
laws.
Alternative investments, such as private equity funds, are
speculative and involve a high degree of risk that is appropriate
only for those investors who have the financial sophistication and
expertise to evaluate the merits and risks of an investment in a
fund and for which the fund does not represent a complete
investment program. They entail significant risks that can include
losses due to leveraging or other speculative investment practices,
lack of liquidity, volatility of returns, restrictions on
transferring interests in a fund, potential lack of
diversification, absence and/or delay of information regarding
valuations and pricing, complex tax structures and delays in tax
reporting, less regulation and higher fees than mutual funds.
Private equity fund investing involves other material risks
including capital loss and the loss of the entire amount invested.
A fund's offering documents should be carefully reviewed prior to
investing.
All investing involves risks, including the possible loss of
principal. There can be no assurance that any investment strategy
will be successful. Investments fluctuate with changes in market
and economic conditions and in different environments due to
numerous factors, some of which may be unpredictable. Each asset
class has its own risk and return characteristics. The level of
risk associated with a particular investment or asset class
generally correlates with the level of return the investment or
asset class might achieve.
Equity securities are subject to market risk, which means
their value may fluctuate in response to general economic and
market conditions and the perception of individual issuers.
Investments in equity securities are generally more volatile than
other types of securities. The prices of small-cap stocks
are generally more volatile than large company stocks. They often
involve higher risks because smaller companies may lack the
management expertise, financial resources, product diversification
and competitive strengths to endure adverse economic
conditions.
Sector investing can be more volatile than investments
that are broadly diversified over numerous sectors of the economy
and will increase a portfolio's vulnerability to any single
economic, political, or regulatory development affecting the
sector. This can result in greater price volatility.
Exchange-traded funds (ETFs) seek investment results
that, before expenses, generally correspond to the price and yield
of a particular index. There is no assurance that the price and
yield performance of the index can be fully matched. ETFs are
subject to substantially the same risks as individual ownership of
the securities would entail. Investment returns may fluctuate and
are subject to market volatility, so that an investor's shares,
when redeemed or sold, may be worth more or less than their
original cost.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets,
proudly serves one in three U.S. households and more than 10% of
small businesses in the U.S., and is a leading middle market
banking provider in the U.S. We provide a diversified set of
banking, investment and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth &
Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health, and a
low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
Cautionary Statement about Forward-Looking Statements
This news release contains forward-looking statements about our
future financial performance and business. Because forward-looking
statements are based on our current expectations and assumptions
regarding the future, they are subject to inherent risks and
uncertainties. Do not unduly rely on forward-looking statements as
actual results could differ materially from expectations.
Forward-looking statements speak only as of the date made, and we
do not undertake to update them to reflect changes or events that
occur after that date. For information about factors that could
cause actual results to differ materially from our expectations,
refer to our reports filed with the Securities and Exchange
Commission, including the “Forward-Looking Statements” discussion
in Wells Fargo’s most recent Quarterly Report on Form 10-Q as well
as to Wells Fargo’s other reports filed with the Securities and
Exchange Commission, including the discussion under “Risk Factors”
in our Annual Report on Form 10-K for the year ended December 31,
2018, available on its website at www.sec.gov.
News Release Category: WF-ERS
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version on businesswire.com: https://www.businesswire.com/news/home/20220426005466/en/
Media Sarah Kerr, 917-588-5919
Sarah.Kerr@wellsfargo.com
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