Al Gore to Invest in Asia
Al Gore is starting a $500 million fund to invest in Asian stocks through his Generation Investment Management LLP. Generation is looking to invest in countries including China and India to correspond with Asia’s demands for natural resources and its impact on the global economy.
The fund will be separate from Generation’s venture-capital business, which provides funding for renewable-energy firms and companies that create markets for trading carbon emissions, the report added.
Generation Investment Management buy shares of Asian companies that adhere to Generation’s investment guidelines of focusing on “economic, social and environmental” sustainability, while eschewing “short-term” profit goals.
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