There’s Gold In Greenbuck

Get acclimatised, investors! Show me a global crisis, and I will show you a business opportunity. And what could be more sinister and imminent than climate change, the crise extraordinaire that threatens the very essence of civilisation as we know it? Climate change, which is already spawning businesses that many think will ultimately overshadow plenty of others, has far-reaching ramifications for individual investors too. A moveable feast of investment products awaits them, if you could pardon the risqué analogy. The very first of these has just made an appearance in India, courtesy a fund aimed at allocation to climate-sensitive sectors that will gain traction with the passage of time. HSBC Mutual Fund’s Global Equity Climate Change Fund of Funds will devise for its unit holders a platform to invest in a variety of emerging climate-related segments collectively covering...