Young funds bet big on free-spending seniors

Their birth heralded the longest phase of economic growth in living memory. Now, 65 years on, wealthy "Baby Boomers" are doing the feeble global economy another good turn, according to some fund managers.

http://www.reuters.com/article/2013/06/26/funds-ageing-idUSL5N0F11RB20130626?feedType=RSS&feedName=mergersNews