In a recent interview, PGIM’s head of thematic research expanded on some of the aspects of that company’s recent report on climate change. The report emphasized that climate change is a fact, not a hypothesis, and that since the associated risks are only imperfectly reflected in the price of assets, this fact creates investment opportunities.
The research head Shehriyar Antia, spoke specifically of the value (and mispricing) of real assets, which includes land, homes, water, and infrastructure and . . .
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