• Bank’s investment office is recommending investments in esports and gaming. • Says Covid-19 will accelerate sector growth in Asia-Pac. • Sees game developers as the biggest beneficiaries of growth.
Esports is catching the attention of Asian investors. The chief investment office at Singapore’s biggest bank, DBS, last year highlighted the sector as part of its ‘Millennial Wave’ research series, looking at businesses trending with younger generations.
It wrote that its bullishness was premised “on the enormous growth potential for esports in the year ahead, propelled by the rise of live streaming and the emergence of esports leagues and tournaments”.
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