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ESG 2.0 – Energy transition the investment theme for 2023 and beyond: Pictet

Rising geopolitical tensions and a rapid trajectory of interest rate hikes weighed on markets in 2022 – and ESG assets were no exception. Despite solid fundamentals in some cases, concerns over an economic slowdown severely hit the valuations of clean energy companies. However, Pictet Asset Management (Pictet AM) believes that the reasons for investing in the clean energy transition theme…

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