The baby boomer generation, those born between 1946 and 1961, has been a godsend to the fund management industry, with this bulging cohort accumulating unprecedented levels of wealth.

婴儿潮一代是指在1946年至1961年之间出生的人。他们积累了空前的财富，为基金管理业带来了丰厚的利润。

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They point out that emerging economies have been frantically accumulating real assets, such as assembly lines and office towers, but their generation of financial assets has not kept pace.

他们指出，新兴经济体疯狂的积累真实资产，像是装配线和写字楼，但是他们这一代的金融资产却没有同步跟进。

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There is distinct difference between "accumulating from generation to generation" and "collective creation passing on from generation to generation", although they are tightly linked together.

“世代累积”与“世代累积型集体创作”虽有密切联系，又有明显的区别。

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They point out that emerging economies have been frantically accumulating real assets, such as assembly lines and office towers, but their generation of financial assets has not kept pace.

ECONOMIST: Global imbalances