Over the last 30 years, the financialisation of the world, combined with falling bond yields, has created amazing returns for investors positioned to benefit. Peter Cooper, Chief Investment Officer at Cooper Investors, says there’s a similar opportunity for investors over the coming decades; the ageing global population.
"Japan, China, and Europe are in an ageing era. It will drive many things, in addition to retirement villages. There's medical services, insurance-type products, wealth products, etc."
In this short highlight, Peter discusses the opportunity in relationship banking, and how the rich think differently about investing and advice.
Peter didn't mention the name of the company.
Hi Mahala, he does actually mention it, though it might not have been obvious that it was a company name he was stating. The company in question is called St James' Place, it's one of the UK's largest wealth management firms.