Fulcrum fund cools down target as it turns up the heat on Paris alignment

Temperature set to 1.4C

Fulcrum Asset Management has lowered the temperature of its Climate Change fund, which aims to align with the Paris Agreement global temperature target of sub-2C, to 1.4C.

Earlier this year, the fund's temperature was running at 1.9C. Iselin Aslakstrom, director of responsible investment at Fulcrum Asset Management, said that the lower temperature had been achieved following...