Trustnet Magazine 55 October 2019 | Page 12

Advertorial feature 12 / 13 [ BAILLIE GIFFORD ] The extraordinary expansion of Asia’s middle class is turbocharging demand for products that provide a sense of security. Charles Plowden, manager of Monks Investment Trust, explains why the region’s life insurance giants are well-placed to reap the rewards Insuring Asia The value of your investment and any income from it can go down as well as up and as a result your capital may be at risk. S ome parts of human nature are hard-wired and difficult to disrupt. One is the instinct to protect ourselves and our families, when we can, against ill-health, sudden death, enforced unemployment and fear of a cash- strapped old age. For Asia’s newly prosperous middle classes, that instinct is running rampant, much to the benefit of FE TRUSTNET trustnet.com