Schroders: Ukraine crisis spells 'real risk' of global food shortages

$30trn needs to be invested

Lauren Mason
clock • 2 min read

Russia’s status as a key exporter of wheat and fertiliser products means there is now a “real risk of future food shortages” as a result of the Ukraine crisis, according to the managers of Schroders’ Global Resource Equities fund, who believe $30trn needs to be invested between now and 2050 to create more sustainable food and water system.

In a recent update on Schroders' website, co-managers Felix Odey, Alexander Monk and Mark Lacey said many investors have been focusing on Russia's role as a key supplier of global oil and gas, but pointed out that Russia and Ukraine account for approximately 30% of the world's wheat exports. "Clearly, disruption to the export of wheat will have ramifications for consumers in terms of both availability and price," they said. "It is emerging markets that are likely to see a disproportionate impact given they have been the traditional destination of Russian wheat. "In recent years, the t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

IMF managing director warns central banks to 'resist' calls for early rate cuts

IMF managing director warns central banks to 'resist' calls for early rate cuts

Banks on ‘final stretch’ of inflation battle

Eve Maddock-Jones
clock 12 April 2024 • 2 min read
UK out of 'short and shallow' recession as GDP grows 0.1% in February

UK out of 'short and shallow' recession as GDP grows 0.1% in February

January figures revised up to 0.3%

Cristian Angeloni
clock 12 April 2024 • 2 min read
ECB holds rates at 4% as 'more data' is needed before cuts can begin

ECB holds rates at 4% as 'more data' is needed before cuts can begin

Stubborn services price inflation

Cristian Angeloni
clock 11 April 2024 • 3 min read
Trustpilot