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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

The open letter from financial institutions to halt deforestation in Brazil

Historisk avkastning er ingen garanti for fremtidig avkastning. Fremtidig avkastning vil blant annet avhenge av markedsutviklingen, forvalters dyktighet, investeringsrisiko og kostnader ved forvaltning. Avkastningen kan bli negativ som følge av kursfall.

Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the manager's skills, the fund's risk profile and management fees. The returns can be negative as a result of price losses. There is risk associated with investments in the fund due to market movements, developments in currency, interest rates, economic conditions, industry- and company-specific conditions. Before investing, customers are advised to familiarize themselves with the fund's key information and prospectus, which contains further information about the fund's characteristics and costs.

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Storebrand SICAV

RCS Registration Number: B234106

Investment company with variable capital with multiple sub-funds

10, rue du Château d’Eau
L-3364 Leudelange
Grand Duchy of Luxembourg

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