{"id":4431,"date":"2022-05-25T03:13:00","date_gmt":"2022-05-25T03:13:00","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=4431"},"modified":"2022-05-23T07:18:00","modified_gmt":"2022-05-23T07:18:00","slug":"hsbc-asset-management-common-sense-prevailed","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=4431","title":{"rendered":"HSBC Asset Management: Common Sense Prevailed."},"content":{"rendered":"\n<p><a href=\"https:\/\/www.bbc.co.uk\/news\/business-61519111\">HSBC suspends banker over &#8216;nut job&#8217; climate comments, say reports &#8211; BBC News<\/a><\/p>\n\n\n\n<p>A good news story after some dreadful comments from Stuart Kirk of HSBC Asset Management. <\/p>\n\n\n\n<p>Last week, Stuart Kirk, a leader in the bank&#8217;s responsible investing team, said: &#8220;There&#8217;s always some nut job telling me about the end of the world.&#8221;<\/p>\n\n\n\n<p>In the address he made light of the risks of major floods and said that he had to spend his time &#8220;looking at something that&#8217;s going to happen in 20 or 30 years&#8221;.<\/p>\n\n\n\n<p>During the 15-minute address at the FT Moral Money Summit, Mr Kirk said &#8220;Climate change is not a financial risk that we need to worry about.&#8221;<\/p>\n\n\n\n<p>&#8220;Unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings are ALWAYS wrong,&#8221; a slide shown as part of the presentation said.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM-1024x576.png\" alt=\"\" class=\"wp-image-4432\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM-1024x576.png 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM-300x169.png 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM-768x432.png 768w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM-624x351.png 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/05\/HSBCAM.png 1152w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption>Courtesy of The FT<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>HSBC suspends banker over &#8216;nut job&#8217; climate comments, say reports &#8211; BBC News A good news story after some dreadful comments from Stuart Kirk of HSBC Asset Management. Last week, Stuart Kirk, a leader in the bank&#8217;s responsible investing team, said: &#8220;There&#8217;s always some nut job telling me about the end of the world.&#8221; In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4431","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4431"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4431\/revisions"}],"predecessor-version":[{"id":4433,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4431\/revisions\/4433"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}