The world’s population is growing older — and it’s developing considerable financial investment opportunities, according to Pacific Asset Management’s Dani Saurymper.
Join CNBC’s Arabile Gumede as he talks about with Saurymper how to play the long-lasting aging style on Pro Talks.
Saurymper handles the Pacific Longevity & Social Change Fund which not just purchases sectors such as pharmaceuticals and insurance companies, however likewise owns stocks throughout physical fitness and nutrition, health and personal care, and even looks and financials.
The fund seeks to tap styles that are “already investable with tested industrial practicality,” consisting of the “substantial business chance” in the discretionary spending of the older customer.
Saurymper will talk about stocks including his leading holdings: pharmaceutical company AstraZeneca; physical fitness wear company Lululemon; animal products seller Pets at Home; and take a trip services scheduling website Booking.com.
Almost 60% of his fund is purchased large-cap stocks, and 58% is U.S.-listed.
Saurymper signed up with Pacific Asset Management in 2021 after holding numerous functions at AXA Investment Managers, Barclays Investment Bank and Goldman Sachs.
Join CNBC Pro Talks on Wednesday, June 21, at 12 p.m. BST / 7 p.m. SGT / 7 a.m. ET.