Tighter climate policies could erase $2.3 tln in companies value: Report 2019/12/09 03:24:11 The Sun Daily
LONDON : Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering carbon emissions are expected to accelerate in the coming years as countries scramble to meet obligations under the 2015 Paris climate agreement limiting global warming. Any abrupt policy shifts risk severely disrupting current investment strategies, U.N.-backed Principles of Responsible Investing (PRI), a group representing investors with $86 trillion of assets under management, said in a report. “As the realities of climate change catch up, social pressure mounts, and low carbon solutions get cheaper, it’s highly improbable that governments will be allowed to let the world sleep-walk into greater rises in temperature without being compelled into forceful action sooner,“ PRI Chief Executive Fiona Reynolds said. “This poses huge threats for assets and for the wider system.” Most exposed is the fossil fuel sector which could lose one third of its current value, the report said.
Going Global With Some Domestic Protection 2019/11/04 16:27:34 Benzinga
U.S. stocks have continued their mastery over foreign counterparts this year, but there are still reasons to consider ex-U.S. stocks, including attractive valuations. One way of wading into international waters while still maintaining significant exposure to the U.S. is with the iShares MSCI ACWI ETF (NASDAQ: ACWI ). Due in large part to its 56% weight to U.S. equities, ACWI has returned 19.49% year to date. That lags the S&P 500 by 300 basis points, but ACWI is beating both the MSCI EAFE and MSCI Emerging Markets indexes. The $10.74 billion fund, which turns 12 years old in March, is a broad fund in terms of sheer number of holdings at over 1,400. Despite the international exposure, ACWI's volatility … Full story available on Benzinga.com
The iShares Global Impact ETF: How Sustainable Development Can Be Unsustainable 2019/05/30 06:22:42 Seeking Alpha
ACWI Makes Notable Cross Below Critical Moving Average 2019/05/29 17:06:25 Nasdaq
In trading on Wednesday shares of the iShares MSCI ACWI ETF Symbol ACWI crossed below their 200 day moving average of 70 69 changing hands as low as 70 36 per share iShares MSCI ACWI shares are currently trading off about 0 4 on the day The chart below shows the one year performance