The recent UN Climate Action Summit prompted significant commitments by countries, corporations and investors alike. However, more decisive action will be needed to achieve the targets set out in the Paris Agreement.
A year ago we identified the disruptive and economic forces that we thought would shape the decade ahead for investors. These were our "inescapable truths". But do they still hold true?
In the near term, we believe volatility is likely to remain elevated as markets react to the shifting messages from US-China talks.
Cities are becoming more important than countries, with their success determined by innovation, efficiency and the clustering of industries. What does this mean for investors?
There are plenty of reasons why investors could justifiably feel pessimistic about the future, but stock market valuations are not one of them.