A growing number of portfolio companies held by Norway’s $1.5 trillion sovereign wealth fund are adopting net-zero targets.
A huge wave of change will create substantial risk and opportunity for institutional investors across geographies, sectors and asset classes.
Before the chipmaker’s earnings release, stocks had been down.
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
Prosaic financials and industrials perform like tech hotshots, Truist notes.
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.