InvestNow News 12th July – Morphic – June 2019 Fund Performance Report
June 2019
Ethical Investing in Focus
June marked the start of the Atlantic hurricane season in the Northern hemisphere with 15 major weather events predicted (between 1980 and 2015, the average was five events a year!). To put it in context, the three consecutive, major hurricanes in 2017, Harvey, Irma and Maria were among the ten most costly insured natural catastrophes globally, with total economic costs surpassing $270 billion. In Europe, you will be warned of the European heatwave with temperatures reaching a record of 45.9C in France, making 2019 on track to be among the hottest years ever. United Nations’ World Meteorological Organization states that this is consistent with climate change and the World Economic Forum named extreme weather events as “the risk of greatest concern” earlier this year, with the impact to be experienced globally.