By construction, Paris-Aligned Benchmark (PAB) indices are more ambitious than Climate Transition Benchmarks (CTB), and their performance is comparable to any classic large-cap benchmark, believes Paul Lacroix, head of structuring at Ossiam, who discusses the differences, performance implications, of the exclusion and transition models. Both benchmarks serve to align investment portfolios with a low-carbon future, but their primary differences lie…
Paris-aligned vs climate transition? US$10bn fund manager weighs in
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