As long-term investors, we seek to understand the economic and investment benefits of structural changes going on throughout the world. We focus on powerful demographic and economic shifts that serve as tailwinds to sustain cash flow and earnings growth over time.
In our analysis of global markets, we’ve identified four long-term structural growth tailwinds — mass affluence, new technology, restructuring and ageing —that we believe will help drive the global investment climate:
- Mass Affluence and the rise in per capita income worldwide will fuel greater demand for goods and services.
- New Technology includes products and innovations that are transforming lifestyles and businesses.
- Restructuring industries and businesses may result in opportunity and dramatically improve financial prospects.
- Ageing is a widespread demographic trend with implications for changing consumption patterns in areas such as healthcare, financial services and leisure.