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Climate Risk May Hit Portfolios Hard Now, Cambridge Study Finds
2015-11-14 21:50:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Equity portfolios may lose as much as 45 percent of their value due to shifting investor sentiment about climate change, according to a report by Cambridge Universitys Institute for Sustainability Leadership. Investors are becoming more aware of the short-term impact that the warming planet may have upon financial markets, affecting the value of holdings in portfolios modeled over five years, according to the report released Thursday. Equity portfolios lost almost half their value, and fixed...
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