Hello and welcome. You are listening to Patrick Boyle on Finance, a podcast exploring ideas from quantitative finance, examining events occurring in markets right now and financial history to see what lessons can be taken away, including interviews with some of the most interesting people in the world of finance. To learn more about the podcast, visit onfinance.org.

Welcome back to Patrick Boyle on Finance. Today I'm interviewing Minogue Pradhan on the topic of demographics

and what this means for investors and financial markets.

Monash studied with me at London Business School and just published his new book called

The Great Demographic Reversal along with former Bank of England Monetary Policy Committee

member Charles Goodhart.

Demographics is the study of population and the breakdown of factors such as age,

race, sex and socioeconomic groups. And what's of great interest from a finance point of view

is how these factors can play a major role in the great trends that drive economic performance

and investing outcomes.

Mnose is a former university professor who went on to become the global head of economics at

Morgan Stanley, which is the world's leading investment bank, before founding Talking

Heads macro a few years ago.

Menoge is a regular contributor on CNBC, Bloomberg Television and basically all of the other

financial news networks that you have heard of.

We're very lucky to have him here on the channel today.

He advises a number of the, really the top macro hedge funds out there. In fact, I want to be able to give some of the names of the funds that he advises, but that's all confidential.

But you have to trust me that it's a very impressive list.

Minos has probably had the best record out there in terms of his predictions over the last

couple of years, so his advice on economic and monetary policy trends is very much in

demand right now, as I'm sure you can imagine.

Minosges is the go-to expert on the topic of population demographics, and in his new book

...