The “8th XING capital markets colloquium” was held in the Steigenberger Parkhotel. Nearly 120 people came to this fully booked premiere event in Dusseldorf.
Dr. Martin Moryson (Chief economist of Sal. Oppheim) presented on demographic consequences for selected economies from the perspective of investors. The western world mostly has aging societies that are close to or already have exceeded their demographic zenith. Many countries do not yet have a preponderantly aged population, but already have reduced their child birth rate. This balance will change dramatically in the near future. Because the population in Asia is an important factor for economic growth investments will likely be more profitable in the long run.
The second presentation was held by Prof. Dr. Gregor Dorfleitner (Professor for Finance at Regensburg University). He has conducted a study about global health care investments from 2000 to 2016. The health care market experienced an excess return of more than 4% per year during that period. The reasons for this observation again can be found in Asia. Both a rising population and a bigger middle class with increasing interest in medical care drive investment returns.