- While the most acute impacts of the Ukraine conflict on energy and food supplies are temporary, we believe deglobalisation and greenflation will result in a higher base level of inflation over the medium term than that seen in the past decade.
- In this more challenging macroeconomic environment, growth stocks and sectors reliant on discretionary spending will suffer. However, high-quality companies built around a sustainable model in sectors such as consumer staples will be well-positioned to outperform.
Other highlights include:
- Case study: The team outlines the sustainable investment rationale in one of the key portfolio holdings – Costco Wholesale. The retail sector has been hit particularly hard by ongoing inflationary headwinds, which is why we believe in working with steadfast companies built to weather the storm.
- Q4 Engagement themes and environmental data: A full rundown of the strategy’s ESG footprint as well as an overview of the areas of engagement with portfolio companies undertaken by the team.
To learn more about our Sustainable Global Equity strategy, please visit this link.