Private equity the best asset class for investing in the internet of things
by Nicholas Neveling
Growth and venture capital are the best asset classes for institutional investors to gain exposure to the internet of things (IOT), according to a survey of more than 200 institutions by ETF Partners.
The study found that 60 per cent of investors view venture and growth capital as the best way to invest in IOT, with 90 per cent of those surveyed saying that the technology is important or very important for delivering sustainable economic growth. A quarter of the investors said the potential of the IOT was still underestimated.
ETF Partners is a growth capital investor focused on investing in technology businesses in industries focused sustainability.
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