The Sun Rises in the East (Part 1)
Source: Brookings and Aegon Asset Management (Sarvjeev Sidhu)
The sun isn't the only thing rising in the East. The rising middle class is a long term theme we've reiterated many times. Growth in the middle class is heavily skewed toward emerging market countries as 87% of the next 1 billion people to enter the middle class will be from the Asia Pacific region.
This is a powerful force with implications on a number of different industries from consumer goods to foods to travel to transportation.
We continue to look for opportunities and companies that are able to tap into this long term theme of rising middle class populations and incomes.
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