With more and more companies now privately held, investors have shifted their focus to how they can exit these investments and get their money back.
In evaluating climate risk in a potential equity investment, we consider both the physical aspects of climate change and the implications of the ongoing energy transition to a low carbon economy.
In 2020, the hunt for yield is likely to continue.
Investment strategies for a late-cycle environment
This greater economic stability should bolster international earnings expectations, halting the decline seen over the past 18 months.
In today’s investment environment rates are lower, this inflates the value of future cash flows and pushes equity market multiples higher.