AMWatch
AMWatch

Impact of physical climate risks on security selection still in infancy

Earlier this year, Germany's DWS began to incorporate physical climate risk into its portfolio construction ­ but has the practice sparked any changes? AMWatch turned to one of the EUR 700 billion money manager's head researchers in search of an answer.
"The costs of physical climate damage amounted to around USD 600 billion (EUR 520 billion) last year, and it should, therefore, already be an important risk factor for investors to consider. We can't predict exactly where the next extreme weather event is going to happen, however, we can build a portfolio that's more resilient to its effects," Michael Lewis said to AMWatch in May 2018. | Photo: PR
"The costs of physical climate damage amounted to around USD 600 billion (EUR 520 billion) last year, and it should, therefore, already be an important risk factor for investors to consider. We can't predict exactly where the next extreme weather event is going to happen, however, we can build a portfolio that's more resilient to its effects," Michael Lewis said to AMWatch in May 2018. | Photo: PR
by SØREN RATHLOU TOP

Earlier this year, DWS ­ the EUR 700 billion asset manager with German roots ­ started building physical climate risk into its portfolio construction.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Related articles:

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading