InvestNow News 11th Feb – Morphic – Monthly Update – Jan 2019
February 11, 2019
January 2019
Ethical Investing in Focus
The World Economic Forum Annual Meeting took place this month in Davos and one of the big challenges world leaders discussed was climate change. Big corporates like Procter & Gamble and Unilever joined forces with waste management company TerraCycle to launch Loop, a project that will allow people to reuse containers for popular household products. The best speech on the topic came from the 16-year-old activist Greta Thunberg who warned everyone that “Our house is on fire”.
Portfolio review
The Fund rose 3.4% (in AUD) in January, trailing global markets for the month (4.2% in AUD) which rallied 7.8% in USD terms …