If you think climate change is a real and present danger, your asset allocation should reflect that outlook, according to a new study from Mercer, the consulting firm. That’s sure to be a controversial recommendation in some quarters. Anything related to climate change tends to stir debate of one kind or another, and so reviewing the topic as it relates to investing promises no less. Ready or not, it’s time to take a hard look at the implications of climate change for designing and managing portfolios, Mercer explains in “Climate Change Scenarios—Implications For Strategic Asset Allocation”