Extreme weather sees fund managers turn to green stocks

Press review FT Adviser "Periods of abnormally high temperatures spur fund managers to pick more green stocks, research has found. Climate Salience and the Demand for Green Stocks by Mutual Funds explored the impact of climate on investment decisions of asset managers around the world. Teodor Dyakov, told FT Adviser fund managers that experience periods of high abnormal temperatures tend to buy more green stocks that managers that do not experience them. He co-authored the study with Dominic O’Kane. (...)" 2024