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The market is betting that the Fed will tame inflation without blowing up the global economy. The Fed itself isn’t so sure, but Brandywine Global believes it’s approaching the problem from the wrong end.
Fund managers are increasingly speaking with one voice on issues around climate change, with at least 143 global firms so far joining the ‘Net Zero Asset Managers’ initiative. Several big ones signed up last week. The Australian signatory managers and international firms with strong Australian commitments are, by accident or design, implying increased pressure on…