Its an undeniable fact that the global climate is changing for the worse, just look at Australia recently.
As crises deepen and widen how can the fund management industry adapt and respond? What changes will the next generation of Eco-Conscious retail investors bring about?
What is known for a fact is that investors vote with their feet, they always do. If parts of the industry cannot or will not evolve into more ESG based investment we can surely expect radical changes in the market.
If we loosely apply Amaras law here, there may be a gross underestimation of these effects on a longer time horizon.
https://www.ft.com/content/ac9c2345-ed98-4f03-a537-b9926819b675
