Business
World’s biggest wealth fund sees a ‘green bubble’ forming – Sydney Morning Herald
The former hedge-fund boss now running the world’s largest sovereign investment vehicle sees parallels between today’s market for sustainable assets, and tech stocks…
The analogy suggests that stocks and bonds touting environmental, social and governance credentials might be in for a correction in the short term, but have significant potential in the longer term.
We may see something of the same sort now, that what is happening in the green shift is extremely important and real, Tangen said. But to what extent stock prices reflect it correctly is another question.
The hyperbole around ESG assets is hard to miss. Global issuance of debt that meets sustainability…
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