Markson-Brown: 'We have not invested in getting off fossil fuels'

Rapid price rise for nickel

The Russian invasion of Ukraine has highlighted once again that the world has not invested in ending its reliance on fossil fuels, despite the “digitalisation and electrification of everything” representing the key growth theme of the next decade.

Speaking to Investment Week, Ewan Markson-Brown, manager of the CRUX Asia ex-Japan fund, explained the recent geopolitical tensions resulting from the invasion had revealed underinvestment. "Putin has really brought home to roost that we have not invested in energy infrastructure, in transportation infrastructure and in really getting ourselves off fossil fuels and onto electrification," he said.  "We have spent a decade underinvesting in the energy sector and key metals for batteries." These key metals are copper, nickel and lithium, in which the manager holds around a fifth of th...