The drag on economic growth associated with climate change will wipe 0.25 per cent a year from superannuation returns for the foreseeable future, according to the asset consultants at Frontier Advisors.....
....“We have lowered the likely returns we believe investors can expect, across all asset classes, by 0.25 per cent a year," principal consultant Philip Naylor said.
“The primary driver of this downward revision has been the long-term impact on the global economy of climate change.
