Michael Young is Director at Luxembourg based Sustainable Capital. He brings more than 16 years of investment industry experience to the Sustainable Resources Investment Committee - encompassing project appraisal, business development, training, product development, investment analysis and trading. Previous employers include INVESCO Asset Management, Prudential, Standard Life, Baring Asset Management and SHUAA Capital Saudi Arabia. He has benefited from extensive European, Middle East and Asian work experience.
Q1 - This space has already attracted a lot of interest as well as asset flows from institutional investors - why do you believe there is still room for more players?
Q2 - In the context of investing in land for agro-forestry; concern has been raised about issues such as mineral depletion, land infertility, fertiliser abuse, land grabbing (particularly in Africa).
So how do you ensure and achieve your ESG objectives?
Q4 - Could you elaborate on the risk-reward ratios in the frontier and emerging markets vs. the more developed markets and their contribution to performance?
Q6 - From a historical perspective - would you say the acquisition prices of physical land - i.e. valuations are (on an inflation adjusted basis and for e.g. based upon the long term 10 year annual average)
Under priced? In keeping with the average or overpriced?