L1 Long Short Fund Limited
Climate Impact & Sustainability Data (2023-09)
Reporting Period: 2023-09
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Weaker Chinese economic data impacting markets.
- Surge in long-term bond yields impacting investor sentiment.
- More resilient U.S. economy leading to expectations of higher interest rates for longer.
- Increase in U.S. bond supply.
- Increasing U.S. fiscal deficit.
- Spike in U.S. 30-year fixed mortgage rate impacting housing affordability.
- Concerns about the long-term health of the U.S. economy.
Mitigation Strategies
- Portfolio performance was relatively resilient due to positive stock-specific updates and tailwinds from energy exposure.