Now, while I believe there's a
low probability of negative 5 year returns, these
scenarios shouldn't necessarily imply highly asymmetric upside potential's on offer either... Of course, that will depend on the specific odds you attach to the likelihood of each scenario actually occurring — Scenarios III & IV may require an improved macro / FX environment, a stabilisation / turn - around in dynamic hedging & currency for return, and / or a possibly more aggressive new business
scenarios shouldn't necessarily imply highly asymmetric upside potential's on offer either... Of course, that will depend on the specific odds you attach to the likelihood of each
scenario actually occurring —
Scenarios III & IV may require an improved macro / FX environment, a stabilisation / turn - around in dynamic hedging & currency for return, and / or a possibly more aggressive new business
Scenarios III & IV may require an improved macro / FX environment, a
stabilisation / turn - around in dynamic hedging & currency for return, and / or a possibly more aggressive new business approach.
Projected ranges of global mean annual temperature change during the 21st century for CO2 -
stabilisation scenarios (upper panel, based on the TAR) and for the six illustrative SRES
scenarios (middle and
lower panels, based on the WG I Fourth Assessment).
There's no optical
stabilisation, however, which can be felt when shooting in
low - light
scenarios - we needed an extra steady hand when shooting sunset shots to ensure sharp results.