Climate Change and Transitional Issuers
Climate Change and Transitional Issuers
Climate change is the new driving force to re-allocation of capital, workforce and consumption.
It’s the next investment super cycle, like telecoms of the 90s or Tech of the past decade
• This time the beneficiaries will be Transitional Issuers – companies able and willing to
adapt to the climate change goals
• Industries affected are mostly “old economy”: utilities, mining, energy – many have
been underinvested for years
Importantly, we want to channel finance to companies that are on the path of sustaina- bility transition, rather than to a singled-out project (“green bonds”).
Investing in Sustainability Can Be Profitable
Investors don’t have to chose between funding a greener world and making money – at Marsham we offer both in one fixed income product. *Bonds of green companies don’t yield
Transitional Issuers are undervalued and often ESG under-rated companies that trade at attractive yields and offer upside potential as their ESG ratings improve.
