Rockefeller Brothers Fund Profits From Divestment
Philanthropic fund from the family that founded Standard Oil is now 99% fossil-fuel free.
The median crypto hedge fund returned 30% last year, compared with a loss of 46% in 2018.
$35.8 billion fund says investing in coal, oil, natural gas companies is too risky.
Fund will invest 80% in securities that meet its environmental criteria and contribute to the World Wildlife Fund.
AXA IM Alts creation is in response to the ‘hunt for yield’ in a persistent low-rate environment.