The credit ratings industry has yet to figure out how best to incorporate climate risk in its models, so fixed-income investors are largely having to rely on their own assessments.
With many investors turning to passive options, asset management companies cannot afford complacency.
Wall Street strategist Michael Wilson says Q3 and Q4 earnings may disappoint.
Further volatility may be here for some time.
Nature is causing concern for funds as climate-related risks rise.
New opportunities could be unlocked by fresh leadership.
Strategist Michael Hartnett sees a 'contrarian buy signal.'
Bloomberg survey reveals growing optimism for the economy.
But he's still got $209B and is winning overall in 2023.
At that level, the world would be staring at recession.