What does the Ageing and Lifestyle theme mean for investors?
The changing lifestyles and needs of older generations could represent a multi-decade growth opportunity for investors. By 2030, two-thirds of over-60s’ consumption growth in developed markets will be spent across multiple industries dedicated to living well, from beauty and fitness, to travel and entertainment 1.
Meanwhile other industries like real estate, financials and healthcare will have to rapidly adapt to retiring and elderly generations’ needs.
Insights
What you need to know about longevity in 9 charts
Increasing life expectancies are one of the greatest socioeconomic transformations of our time, with significant implications for companies and investors alike.
What does the silver dollar mean for investors?
Older generations are an often overlooked driver of global spending. Discover what increasing longevity means for companies and consumption.
What are companies doing to tackle the impending dementia crisis?
As life expectancies continue to rise, dementia is likely to become one of the world’s most challenging medical conditions, affecting an ever-larger proportion of the population.
Automation
Forecast to grow 10-15% annually until 2025*, the robotics industry is rapidly changing how we live and work
Connected Consumer
Only 11% of global retail sales are transacted online, which will likely increase as smartphone adoption rises globally*
Clean Tech
Huge demographic and environmental changes are forecast to make CleanTech a $3 trillion market by 2025*
Transitioning Societies
The growth of the global middle class is at a 150-year high, boosting consumption in Asia and the developing world*
The Evolving Economy at AXA Investment Managers
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Established thematic investor
30-year track record of thematic investing and product innovation
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Innovative research structure
Collaborative research structure to prioritise Evolving Economy exposure over traditional geographic and sector information
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Deep insight to performance drivers
Our proprietary thematic exposure database quantifies Evolving Economy exposure across a universe of c.11,000 companies*
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Active, long-term approach
We distinguish between short-term investment hype and investment reality by focusing on long-term commercial viability.
1 United Nations, data correct as at July 2020
2 Health-care dilemma: 10,000 boomers retiring each day, CNBC, 3 October 2017
3 We’ll live to 100 – how can we afford it? World Economic Forum, May 2017
*Automation - IFR World Robotics Report 2017, latest available data as of March 2018.
*Connected Consumer - Citi Research, Citi GPS “Technology at work v3.0”, August 2017
*Ageing & Lifestyle - US Department of Commerce, latest data available as of March 2018
*CleanTech - Financier Worldwide, “Investing in the clean technology revolution”, January 2016
*Performance Drivers - AXA IM, correct as at 29 December 2017
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