While climate shocks tend to get the headlines, changes in climate trends are more damaging. 

bantam inc jack duval multi-family office - environmental risks hurricane michael

This is what a correlated portfolio looks like under environmental risk.

Environmental risk is rising.  As I write this, Hurricane Michael has just laid waste to a 200-mile swath of the Florida panhandle. Environmental Risks - The UN Report On October 8, 2018, the UN Intergovernmental Panel on Climate Change (“UNIPCC”)  issued a report which was commissioned at

the December 2015 Paris Agreement.  The objective of the report was the evaluate the effects of global warming of 1.5 degrees above pre-industrial levels.  The report was prepared by 91 authors and review editors from 40 countries and cites more than 6,000 scientific references.[1] The UNIPCC press release tell us what is already…