The tipping point for climate finance

In troubled times, the benefits of portfolio diversification can be boosted by taking a fresh look at the drivers of resilience, as the following five charts illustrate.

AIQ speaks to the world-renowned risk expert Didier Sornette about the coronavirus pandemic and how organisations can stay resilient in the face of unexpected crises.

Annie Duke is a World Series of Poker champion, speaker and consultant on decision making, and author of the upcoming book How To Decide. She discusses how biases influence our decisions, and the importance of diverse perspectives.

Margaret Heffernan is an academic, entrepreneur and author. Her latest book, Uncharted: How to Map the Future Together, explores how organisations and individuals can find their bearings in an unpredictable world.

Dr Robert Glasser was formerly the United Nations Secretary General’s special representative for disaster risk reduction and head of the UN Office for Disaster Risk Reduction. He is currently a visiting fellow at the Australian Strategic Policy Institute. He explains how the rising number and intensity of natural hazards is creating an “era of disasters” and discusses mitigation and adaptation strategies.

Globalisation is a double-edged sword. Ian Goldin, professor of globalisation and development at the University of Oxford and author of The Butterfly Defect, discusses the systemic risks that have built up as an array of interconnections have spread their wings of influence across the globe.

Warren Hatch is CEO of Good Judgment Inc, a global network of superforecasters to help companies address complex problems, developed following research by Philip Tetlock and Barbara Mellers. Hatch explains what makes a superforecaster different and the importance of teamwork to deliver more robust outcomes.

Professor Sam L. Savage of Stanford University, author of The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty, helped pioneer the field of probability management while working with Royal Dutch Shell. He discusses how we can use scenario planning and probabilistic modelling to help us deal with complex risks.

Warren Black is a qualified engineer, risk professional and complex systems theorist. He established Complexus in 2016 to research how risks need to be controlled within complex organisations, projects and programmes. AIQ asks him whether current risk management practices are adequate in a world transitioning into the Fourth Industrial Revolution.

Amid the coronavirus lockdown, asset managers are finding new ways to communicate with their clients remotely. The industry has much to learn from tech and e-commerce companies that deliver top-class client experience from a distance.

In the latest instalment of our editorial series, Link, Aviva Investors experts discuss the prospects for financial markets and the world economy in the face of escalating hostilities between the US and China.

In the midst of the COVID-19 shock, Felix Mantz from Lincoln Pensions and Joachim Sudre from Aviva Investors explore how defined benefit pension schemes should plan their journey towards an end game and adopt a more holistic approach to risk.