There are pools of capital in geographies and in institutions that are simply not designed to seek profitable opportunities where they are now.” Institutional investors should heed environmental , social and governance concerns and turn to illiquid middle classes in emerging markets for returns these markets can no longer afford , said Sony Kapoor , director of thinktank Re - Define . He warned of rising political issues in developed nations , such as Brexit , climate change and President Obama , and said contingent losses could run into " tens of trillions of dollars " .
Institutional investors should heed environmental , social and governance concerns and turn to illiquid middle classes in emerging markets for returns these markets can no longer afford , said Sony Kapoor , director of thinktank Re - Define . He warned of rising political issues in developed nations , such as Brexit , climate change and President Obama , and said contingent losses could run into " tens of trillions of dollars " .