A rapidly ageing global population means demographics is becoming an increasingly important theme for investors, says Peter Askew, co-manager of the T. Bailey Growth fund.
In almost all the countries of the world, the proportion of people aged over 60 is growing faster than every other age group, according to the World Health Organization. This is a consequence of both longer life expectancy and declining fertility rates. Investors cannot afford to ignore such a sobering statistic, and the impact that change on this scale will bring. Important issues to consider include the relationships between demographics, debt, and deflation, and also the connection they have with the printing of money through quantitative easing (QE). With such an array of words be...
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