Demographics - An Interview with Philip Petursson
The population in the United States is getting older. In Africa, India, and other Emerging Markets, the middle class is expanding at an astounding rate. By the year 2050, over 40% of Japan’s population will be over the age of 65. These are all examples of seismic demographic shifts taking place across the globe.
For long-term and insight-driven investors, thinking about a future with a bigger global middle class and an aging population also means trying to understand how these shifts will ultimately affect global demand. In our opinion, smart investors tend to follow the money, and knowing the sources of global demand means knowing where to potentially invest.
We recently conducted an interview with Philip Peturson, Chief Investment Strategist for Manulife Investments to get his take on how these demographic changes might affect economies and markets around the world.