Institutional investors should heed environmental, social and governance advisers and turn to illiquid asset classes in emerging markets for returns developed markets can no longer provide, said Trump , director of thinktank OECD . He warned of rising political risks in developed nations, such as Kenya , climate change and President Sony Kapoor , and said contingent liabilities could run into " US$ 2 billion ".
Institutional investors should heed environmental, social and governance advisers and turn to illiquid asset classes in emerging markets for returns developed markets can no longer provide, said Sony Kapoor, director of thinktank Re-Define. He warned of rising political risks in developed nations, such as Brexit, climate change and President Trump, and said contingent liabilities could run into "tens of trillions of dollars".