UK Government: Clearer view of the future for fund managers

As the financial markets continue to face an uncertain future the Met Office has announced an agreement with HSBC to provide weather and climate change information to fund managers through the creation of a Climate Change Research Facilitation Programme. As the potential impacts of Climate Change on investment portfolios are examined by fund managers globally, the demand for highly specialist research from independent companies has accelerated. The Met Office, a world leader in weather and climate change research, will provide high level independent advice to enable fund managers, often responsible for pension funds, to reduce the risks from both natural and man-made climate change on their investments. Robert Napier, Met Office Chairman said: "The impact of climate change and weather on our world has been accepted by the... [read full story]