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Could the nation's growing waistline lead to supersize profits on pensions and investments?
One leading investment bank thinks so. This week, Bank of America Merill Lynch identified the "global fight against obesity" as a "mega-investment theme".
Over the coming decades this obesity epidemic will shape thinking by policy makers and in boardrooms around the world, according to Sarbjit Nahal, at equity strategist at BoA Merrill Lynch Global Research.
Tougher regulation could present problems for some companies ? in particular those who now make their millions selling high-fat high-sugar foods. But it could present opportunities for others, particularly those selling pills, weight-loss programmes or health foods to Governments looking to cut health care costs, and individuals encouraged to fight the flab.
http://www.telegraph.co.uk/finance/...the-City-is-making-money-from-fat-people.html
One leading investment bank thinks so. This week, Bank of America Merill Lynch identified the "global fight against obesity" as a "mega-investment theme".
Over the coming decades this obesity epidemic will shape thinking by policy makers and in boardrooms around the world, according to Sarbjit Nahal, at equity strategist at BoA Merrill Lynch Global Research.
Tougher regulation could present problems for some companies ? in particular those who now make their millions selling high-fat high-sugar foods. But it could present opportunities for others, particularly those selling pills, weight-loss programmes or health foods to Governments looking to cut health care costs, and individuals encouraged to fight the flab.
http://www.telegraph.co.uk/finance/...the-City-is-making-money-from-fat-people.html