
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.
Along with Carl Icahn, oil tycoon T. Boone Pickens invented the corporate raider concept.
World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.
Fund XI focused on upstream sector of the North American oil and gas industry.
The Energy Information Administration reports that the US will likely emerge a net exporter of natural gas next year.