Climate change a risk that must be managed – Delano

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Climate change was hailed as a risk that needs to be identified, accepted and managed at the Alfi/Alrim Risk Management Conference on 31 May, which was also the occasion where finance minister Pierre Gramegna described 2018 as “the year of all risks.”

Whether you believe in it or not, if you have a client that believes that climate change is a risk, then it is your duty to identify and manage it, said Luc Neuberg, president of Alrim, in his opening remarks at the risk management conference, jointly organised by the association of the Luxembourg investment funds industry (Alfi) and the Luxembourg risk management association (Alrim).

After a quick survey of the room, however, he was happy to note there were no “Trumps” in attendance and that the risk management industry in…

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