Demographics one tool for investment allocation

The changing demographics in Asia are among the factors that weigh heavily on fund managersÆ investment allocations in this region. An older demographic would lead them to favour sectors such as health while a younger demographic would make them turn to retail. Chris Lobello, head of Hong Kong research at CLSA, puts forward a different way of using demographics. He says studying the changes in demographics can lead to the predictability of stock market movements in the long-term. He e…