A 70-year-old today is as fit and vital as a 53-year-old in 2000. People are living longer in good health, working longer, travelling more frequently at older ages and spending more. This shift from lifespan to healthspan is, for investors, one of the most predictable megatrends of this century.

Demographic shifts can be mapped out decades in advance. The population pyramid in Europe, Japan and North America is tilting rapidly. This development is structurally increasing demand for health innovation and for productivity-enhancing technology — because a shrinking working population forces companies to automate, regardless of the economic cycle.

The longevity investment theme therefore extends far beyond pharmaceuticals and biotech. Industrial robotics, AI software, digital health platforms, remote monitoring: these are all sectors that benefit from the same demographic force. Pictet Asset Management is targeting ageing as an investment opportunity with a new strategy. Discover why the combination of healthspan and productivity makes this theme so robust.

Source:  am.pictet.com/nl/en/intermediaries/investment-views/active-equity/2025/longevity