Bloomberg: Funds With $3.7 Trillion Warn Brazil of Deforestation Backlash
Deforestation and its fallout “have the potential to negatively impact long-term returns,” Jan Erik Saugestad, chief executive officer of Storebrand Asset Management, said in a statement. “The inherent risk of operating in a politically unstable country, or a country neglecting the climate and environment, are a part of our ESG analysis.”
Published 23.06.2020 by Frances Schwartzkopff
Read the full story at Bloomberg
A fund having performed well in the past is no guarantee for future returns. Other factors with an impact on how a fund may perform in the future include market developments, the fund manager's performance, the fund's risk profile, and management fees. When the shares a fund is invested in decline in value, it may lead to negative returns.
Storebrand SICAV
RCS Registration Number: B234106
Investment company with variable capital with multiple sub-funds
6, rue Lou Hemmer
L-1748 Senningerberg
Grand Duchy of Luxembourg
© Storebrand Asset Management
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