Timberland

Mark Rogers will replace David Brand as New Forests CEO, with Brand to serve as chair until departing the business in 2025.

The long-term investment fundamentals of forestry should ensure the asset class continues to shine in 2023, despite economic headwinds.

In a year of economic shocks and volatility across asset classes, the UK’s forestry sector demonstrated low or inverse correlations to equities and bonds.

Eric Cooperstrom says Manulife’s Forest Climate Fund will support both internally developed projects and collaborations with established carbon development companies familiar with regional methodologies and regulation.

New Forests’ ANZLAFF is its fourth fund focused on Australia and New Zealand, investing in plantation forestry, infrastructure and agriculture.

A future price convergence between carbon credits and timber products could increase stumpage prices, potentially leading to more mill operators purchasing forestry assets.