Ageing of the population
We firmly believe that demography will represent one of the major issues for the 21st century. While the growing level of awareness is not yet as high as for environment, forecasts already make it possible to anticipate the scale of the phenomenon. By 2050, one out of every three French people will be over 60, compared with one out of five today! The economic cost ofe covering dependency, referred to as the “fifth ris”, is expected to be covered by a bill in early 2009. The solutions put forward include strenghtening mixed financing systems, which is expected to give this market fresh impectus. At European level, the development of care capacities is in many countries resulting in an acceleration of our public-private transfers, benefiting this market’s historical players. At the heart of our stock-picking criteria, factoring in the ethical dimension is essential for the “sustainable” development of this sector.View article
From the outset, Fiancière de Champlain has stood out thanks to a global approach to safeguarding the environment focusing on three key areas: water, renewable energy and waste. In each one of these fields, which dovetail effectively with one another, our managers have developed strong convictions:
-*Waste*: the demographic explosion, galloping urbanization and surg in commodity prices are expected to result in strong growth for waste processing and recycling markets.
-*renewable energy*: we believe that the genuine energy transition will be based on solar. Indeed, solar offersmuch more potential for productivity gains than wind, and new solar technologies are today making it possible meet mass comsumption needs.
-*Water*: water pollution and hydric stress represent a growing economic and social cost, with the water treatment and desalination markets offering major potential in countries such as China and Middle East