Asset Management Culture
Oxford University Bans Fossil Fuel Investments
The endowment’s allocation to the energy sector has already been significantly reduced to 2.6% of its portfolio.
Tag: energy
Risk
University of Texas Endowment Oil Money In Jeopardy
Top official of university organization that manages mineral rights for the endowment calls for Texas oil production cuts.
Market Moves
Energy Stocks Are Doomed, Warns Savant Jeremy Grantham
GMO co-founder, a climate change activist, compares their paltry returns to the S&P 500’s tripling over 10 years.
Earnings Should Rise 19.5% in 2nd Quarter, Says Sam Stovall
CFRA’s strategist sees slight dip from January-March period, with energy the star.
Commodities Prices Down in June
Low energy prices have contributed to a lack of pickup in inflation, while concerns about Chinese growth have abated, Credit Suisse reports.
Alternatives
Renewables Trump Conventional Energy for First Time, Says Preqin
Funds likely to take more of a mixed approach in energy investments going forward.