Demographic Shifts

Shifts in global demographics is an investment theme with deep, cross-sector implications and geopolitical, economic, and financial impact. In particular, decades-long trends in fertility and mortality have resulted in aging populations. China’s population is currently forecast to shrink 46% by 2100, which poses a challenge to its position as the world’s largest manufacturing economy. Simultaneously, in the United States, the largest generational wealth transfer in modern history is underway, benefiting Millennials and Gen Z.

What we’re watching 

• Aging populations

• Fiscal impact 

• Generational wealth transfer