Is asset hybridisation the missing link between long-term savings and the real economy ?
As many economic forecasts show, stemming a mechanism of decline in pension levels in the years to come is a real challenge for society. The recent pension reform in France, which aims to balance the books, is unlikely to change this.
To receive a simple life annuity of €1,000 a month, an investor aged 65 today needs to have built up capital of around €380,000. This is a considerable sum for the average saver, hence the need for higher returns, especially in a context of inflation. This context is forcing savers to rethink their allocation, both in terms of the strategies deployed and the asset classes that make up their portfolios. They are looking for innovative ways to increase their savings and find solutions to mitigate market fluctuations and meet the need for long-term capital preservation throughout their lives.
Read the Funds Magazine article in French here.