There is continuous population ageing in OECD countries as a whole and globally. It is then logical to see: A rise in the private sector savings rate; A rise in the wealth/income ratio; A fall in the risk-free interest rate; A rise in equity risk premia. This structural trend in financial markets, linked to demographics, comes on top of traditional cyclical changes.
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Natixis
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.