Sustainable manager: Like a slow-boiled frog, your portfolio muscles will seize up
"Climate change is not a fat tail risk that will suddenly hit your portfolio. It's a slow insidious risk sneaking up on you. Once you realize it, it's too late." Ian Simm from Impax Asset Management gives his views on tackling climate change.
Ian Simm, founder and CEO of Impax Asset Management paints a vivid picture of what may happen to asset managers who ignore the risk of climate change in their portfolios.
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