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Global Cooldown: Tackling Climate Change Through Our Bond Portfolios

Brown Advisory

which disrupt supply chains, damage property and otherwise hurt an issuer’s assets or operations. infrastructure—utilities, airports, other key public assets—is at risk of being inundated by flooding, according to a new report by the nonprofit First Street Foundation. Securitized assets are also impacted by climate risk.

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Transcript: Cathy Marcus, PGIM Real Estate

The Big Picture

I like as a real estate person, you walk through your assets, you can touch and feel things. Essentially you buy assets. It could be all kinds of assets. And, and it was a way for individual investors to a own assets in a small slice, they could never access themselves. It just wasn’t doing it for me.

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