Markson-Brown: 'We have not invested in getting off fossil fuels'

Rapid price rise for nickel

James Baxter-Derrington
clock • 2 min read
Ewan Markson-Brown of the CRUX Asia ex-Japan fund
Image:

Ewan Markson-Brown of the CRUX Asia ex-Japan fund

The Russian invasion of Ukraine has highlighted once again that the world has not invested in ending its reliance on fossil fuels, despite the “digitalisation and electrification of everything” representing the key growth theme of the next decade.

Speaking to Investment Week, Ewan Markson-Brown, manager of the CRUX Asia ex-Japan fund, explained the recent geopolitical tensions resulting from the invasion had revealed underinvestment. "Putin has really brought home to roost that we have not invested in energy infrastructure, in transportation infrastructure and in really getting ourselves off fossil fuels and onto electrification," he said.  "We have spent a decade underinvesting in the energy sector and key metals for batteries." These key metals are copper, nickel and lithium, in which the manager holds around a fifth of th...

To continue reading this article...

Join Investment Week

  • 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 Commodities

Third day of meetings at Schloss Elmau.

G7 contemplates energy cap to ward off costs

Nations continue coordination

clock 28 June 2022 • 1 min read
"Historically commodities have performed well amidst a rising inflationary and a higher interest rate environment"

Commodities Deep Dive: Time to cop some copper?

Sector is up 8.5% this year

clock 24 June 2022 • 6 min read
David Osfield of the EdenTree Responsible & Sustainable Global Fund
ESG

Windfall tax on utilities could distract from focus on the green economy

Not the same as oil and gas

David Osfield
clock 17 June 2022 • 3 min read
Trustpilot