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It is true that if much of the developing world is younger demographically (think India), then developed nations could and should transfer an increasing percentage of their financial assets to emerging markets to help foot the demographic bills back home, long term then, as opposed to currently, think about increasing your asset allocation to the developing world.

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Reuters 8 years ago
Bill Gross

Bill Gross

William Hunt "Bill" Gross (born April 13, 1944) is an American financial manager and author. He co-founded Pacific Investment Management (PIMCO).

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    "Bill Gross Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.quotes.net/citizen-quote/159155>.

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