Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Demographic shifts should shape global macro strategies

Friday, December 14, 2012

amb
Thomas P. Signer
An Opalesque column for macro investors.

Benedicte Gravrand, Opalesque Geneva:

Thomas P. Signer, financial advisor at VALUEworks AG, an independent multi-family office based in Zurich, believes that demography explains everything, including asset returns. So investors should try to take advantage of current and future demographic shifts and translate them into investment returns.

Signer also teaches and authored a couple of books, namely "The Harder They Fall: Will the US follow Japan in the Abyss?" (2004), and more recently, "The US and Japan: Twins in Denial (It’s demographics, stupid!)" (2011).

Tremendous demographic development

The number of people worldwide from year 1700 to present days went from under 1 billion to 7 billion, he said during Terrapinn’s Hedge Funds World conference in Zurich last month. The number is expected to go up to 8 billion in 2024 and reach 9 billion in 2048.

The dependency ratios are also going up. In 1950, 39% of the population was dependent (34% of the people were under 15-year old and 5% over 65-year old). In 2010, nearly 35% of the population was dependent (27% under 15 and 8% over 65). In 2050, it is expected to be 37%, with much less children and twice as many elderly people as in 2010 (21% under 15 a......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac