Nick Edgerton (Australia)
Research Analyst - AMP Capital Investors
Climate change is an example of the intangible forces increasingly affecting company growth prospects and they have major implications for traditional valuation approaches. The impending Australian emissions trading system has the potential to significantly impact company profits. Measuring the effect can vary depending on how prepared each business is for climate change. With winners and some losers, we will only have a better understanding by analyzing the intangibles. Increasingly the more savvy investors will be on the top of analyzing a company's intangible assets and identifying the intangible trends impacting long term value.