Livestock

The practice of voluntarily conducting and disclosing climate-related financial risk analysis is in its early days, but awareness and engagement are gathering pace.

Coller FAIRR’s climate risk tool for the animal meat industry predicts alternative proteins ‘will command at least 16% of the total meat market by 2050, potentially rising up to 62%.’

Market participants are ‘nervous and cautious’ as the coronavirus crisis drags on, with no end yet in sight.

Managing director David Bryant flags future acquisitions in the cattle and macadamia sectors after property revenues grew by 22%.

NZ Super Fund deployed more capital into its beef JV Palgrove and is open to further acquisitions.

The firm’s investor base includes LPs ‘that have distribution channels outside of North America that are looking for assets like this’ says COO Brent Drever.

Justice Hammerschlag found that Bonitas Research and CEO Matthew Weichert had disseminated information that was ‘false in material particulars’ and ‘materially misleading’.

The UK-based asset manager sold the neighboring properties to Rallen Australia, a company backed by one of South Africa’s richest men.

Interest from institutional investors and private equity remains strong in Australian agriculture despite difficult conditions because of a belief in the asset class’ ‘long-term thesis’.

The annualized return to the end of September 2019 was 14.37% but continuing drought means that income returns are especially likely to fall further in upcoming quarters.