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1) Storebrand, a Norwegian insurance and pension company, made a big splash with its most recent move. What was it?
- Divest from companies linked to the Dakota Access Pipeline, a controversial infrastructure project
- Move its portfolio to 100 percent ESG and impact
- Launch the world’s first inflation-linked minimum-guaranteed zero-carbon annuity product
- Dive in the pool
2) Why did Lux Capital raise $400 million dollars?
- To invest in LuxTech, a mix of tech and fashion solutions for the 0.1%
- To shed light on important issues (yes, this is a latin pun)
- To invest in startups that are inventing the future without destroying humanity
- To get to the other side
3) What is Venteny’s answer to high employee turnover in the Philippines?
- High base salaries, extended leave every third year, stock options and other seniority based incentives
- Free lunches
- There’s no such thing as a free lunch
- Work with employers to offer employee benefits like restaurant and fitness discounts as well as short-term loans and cash advances. 69 percent of adults in the Philippines don’t have a bank account
4) Why is Jean Case bullish on impact investing?
- Because of the growing influence of young people and women, the entrance of big institutions and an increasingly robust data ecosystem
- Because a recent study of the financial performance of impact private equity funds showed returns in line with market expectations
- Because it’s the only way to the other side
- If she wasn’t she wouldn’t tell us
5) Which Persian Gulf country wants to position itself as the next FinTech hub?
- Iran
- A new Peter Thiel sponsored artificial island off of Qatar
- Bahrain
- Is Oman technically a Persian Gulf Country?
6) Again, is Oman technically a Persian Gulf country?
- What’s that got to do with impact?
- It’s got everything to do with impact. Without knowledge there is no impact.
- You and your high horse
- Yes, through its exclave Musandam. (there: you learned a new word, and you might have found your next holiday destination)
7) What is Warren Buffett’s challenge to Donald Trump in his latest shareholder letter?
- He’s asking him to disclose his tax returns
- A tide of talented and ambitious immigrants drives American dynamism and should not be halted
- The Trump administration’s leaked infrastructure plan overlooks fly-over states
- The Sage of Omaha dissed Trump Steaks
8) The UK’s NEST pension fund allocated £130 million (US$162 million) to UBS’ Life Climate Aware World Equity fund. What exactly does this fund do?
- Invests in life science companies that offer organic carbon reduction solutions
- Underweights heavy carbon emitters
- Tries to make money for its investors (and for UBS)
- Tries to make sure journalists use its full name
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Answers:
1:a, 2:c, 3:d, 4:a, 5:c, 6:d but and my deepest respect if you picked b, 7:b, 8:b, not d.
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