Asset Allocation
Denmark’s PKA Fund Cuts 35 Oil Companies
Pension plan CEO says automotive industry is next.
Pension plan CEO says automotive industry is next.
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.
Goal is to make Saudi Arabia less dependent on oil income and attract more foreign investors to the country’s capital markets.