We do not do "strategic asset allocation".
We do consider changing demographics and climate change for investment risks long term.
We target low carbon or climate resilient investments and our portfolio excludes fossil fuel holdings. We work towards a portfolio with a reduced exposure to carbon emissions.
We incorporate and screen for ESG factors as part of our multi-level testing for identifying good businesses. We exclude investing in industries, including but not limited to, manufacturing guns, serious environmental degradation, products and services with heavy fossil fuel/CO2 footprint, private prisons, and unethical labor or lending practices.