Strategy & economics

How baby boomers will affect global wealth

Lord Willetts, former minister and author of The Pinch, offers valuable insights on the relationship between baby boomers and the economy.

17/05/2017

Lord Willetts

Lord Willetts

Executive Chair

Lord Willetts, a minister in the Coalition government, became a leading voice on the intergenerational debate when in 2010 he published The Pinch: How the baby boomers took their children’s future – and why they should give it back.

At our annual private client conference – A New World Disorder? – held in May, Lord Willetts said he had detected a change in the attitude of baby boomers – those born between 1945 and 1965 – on key generational issues.

In this video, he highlights some of the insights in his conference speech, including the impact of demographics on the global economy, the looming problem facing China and his amusement at the number of millennials who gift his book to their parents.

This article is issued by Schroders Wealth Management, which is part of the Schroder Group and a trading name of Schroder & Co. (Hong Kong) Limited, Level 33, Two Pacific Place, 88 Queensway, Hong Kong. Licensed and regulated by the Hong Kong Securities and Futures Commission. Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.

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