Asia fund industry lagging on climate risk awareness
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.
Most of the world's largest investment managers are not factoring climate-related trends into their investment decision-making, concludes a report published last week by Boston-based research firm Ceres. The findings appear to reflect the situation in Asia, according to investment consultants at Mercer and Watson Wyatt.
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