Saturday, 23 August 2014
Last updated 1 day ago
Dec 20 2011 | 12:43pm ET
Clean-energy and other socially-responsible investing teams are getting the axe all over the world—and hedge funds are no exception.
Henderson Global Investors is the latest to announce that it would cut its SRI team. The firm will continue to run its SRI funds, but it "does not believe that a separate team is necessary to screen potential investments and manage these funds."
Hazel Capital has gone one further, closing its clean energy hedge fund, the Financial Times reports.
Clean energy stocks are down 35% this year, and carbon markets are trading at their lowest level ever.
The clean and green cutbacks have also hit teams at JPMorgan Chase, UBS Securities and Unicredit.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note