You can listen to our podcasts online via the player below or search for 'Investment Uncut' and review, rate and subscribe on Apple Podcasts, Spotify, Pocket Casts or SoundCloud. 

In this episode of Investment Uncut, Mary Spencer and Laasya Shekaran speak to Amlan Roy: demographics expert, LCP colleague and one of the speakers at our inaugural LCP investment conference (listen to a full summary of our conference here!). We dive into his research on demographics covering why this is such an important, but underappreciated, topic for all investors to think about.

We also recognise that October is Black History Month in the UK – if you’re looking for informative listening to support this year’s conversations, we can recommend our episodes with Gavin Lewis and Mamawa Turay. Gavin discussed his book, The Opportunity Index, in the summer of 2023; and Mamawa gave us insights on micro aggressions – what they are, tools to avoid and why it’s important to speak up.

We discuss:

• Highlights from Amlan’s published book, Demographics Unravelled

• Why demographics should matter to all investors

• The misconceptions around demographics, namely:

  • That it is just about age

  • That it only impacts the economy in the long term

  • That demographic trends are predictable

  • ….and why these are too narrow a viewpoint

• How demographics affect various macroeconomic factors, such as productivity, GDP growth, inflation and more

• How demographics affect supply and demand dynamics, and what this means for investment markets and asset pricing

• Some of the key demographic trends we are likely to see

• The opportunities that demographics pose – such as utilising more women in the workforce  

What’s one thing you would like listeners to take away from this?

Demographics requires careful attention in conjunction with other disciplines such as finance, economics, actuarial science, history and more!

Any recommendations for good books or podcasts:

• The Clash of Civilizations by Samuel P. Huntington
• If You're So Smart: The Narrative of Economic Expertise by Deirdre N. McCloskey
• Rethinking Pension Reform by Franco Modigliani

Listen and subscribe to Investment Uncut

Investment Uncut is available across all major audio platforms. 

Each LCP investment uncut podcast is for information and marketing purposes only and does not constitute any form of investment or financial advice or a financial promotion (under the Financial Services and Markets Act 2000). All views expressed by the podcast hosts and guests are purely their own opinions and do not represent those of LCP, its clients or affiliates. Our podcast listeners should always seek independent financial or legal advice before making any financial or investment decisions. Please refer to the Legal Notices section on the LCP website for further information.​