Posted inIndustry views

What does the industry think? 07 November

FSA has managed to find a bold group of industry thinkers who are unafraid to speak their minds on crucial industry topics. This week: Investment and climate change

The financial impact of global warming is imminent as 2,000 scientists warn about the melting of the polar ice caps, the extinction of animal species and rising temperatures creating environmental disasters, impacting agricultural productivity and wiping trillions off the global GDP.








“With 2,000 scientists now reaching consensus, we think this is the right time to be contrarian.”

Robert Ruderschmidt, portfolio manager, Overflowing Alpha Asset Management








“Climate change risk is not an issue with Asian investors and we would not want to move ahead of client demand, but our bank is doing its part with our paper recycling policy.”

Louie Zheng, head of discretionary mandates, Global Behemoth Private Bank






“We now have a backup compliance team to oversee our existing compliance team and we sent your request for comment up the chain. If you don’t hear back from me in one month, your request was declined.”

Fanny Leung, corporate communications, Absolute Zero Risk Investment Management (AZRIM)








“The weather is always hot in Asia so the global warming theme doesn’t sell – unless you can give me something highly liquid with an Asia bias and an 8-10% yield.”

Ygnacio Sepulveda, head of global distribution, Shoot the Lights Out Asset Management




 “We agree it’s a challenging environment out there, but we firmly believe we are global leaders in risk management. We remain well-positioned to further expand our strong foundation while continuing to provide our clients with excellent service and investment results.”

Pollyanna Sim, head of marketing in APAC, StraightTalk Fund Management Group



Part of the Mark Allen Group.