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Fund manager reveals what needs to change for her to invest in luxury stocks newsthirst.

A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the portfolio manager said she would need a “larger margin of safety” before investing in the world’s largest luxury group. “A lot of these European companies were really deriving their growth…

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Climate Change Is Destroying Monarch Butterflies’ Winter Habitat newsthirst.

every year, at the beginning of November, one of the most impressive natural spectacles in the world takes place in Michoacán, Mexico. Hundreds of millions of migrating monarch butterflies settle in the forested massifs of the country’s Monarch Butterfly Biosphere Reserve, roughly 100 kilometers west of Mexico City. Having flown south for eight months, beginning…

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