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Norway's $900 billion sovereign fund told to reduce coal assets
2015-05-28 00:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3 percent of all listed companies globally, should sell stakes in firms that generate more than 30 percent of their output or revenues from coal-related activities. Already under pressure from...
Tracking Nelson Peltz's Trian Fund Management Portfolio - Q1 2015 Update
2015-05-25 02:27:35| Beverages - Topix.net
Nelson Peltz's 13F portfolio decreased from $9.43B to $8.56B. The number of positions decreased from 11 to 10. The top-three positions are Du Pont E l De Nemours, PepsiCo, and Mondelez International and they add up to just over 60% of the portfolio.
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Mario Gabelli's Asset Fund Q1 2015 Commentary
2015-05-23 01:07:33| Wireless - Topix.net
To Our Shareholders, For the quarter ended March 31, 2015, the net asset value per Class AAA Share of The Gabelli Asset Fund increased 0.8% compared with an increase of 1.0% for the Standard & Poor's 500 Index. See page 2 for additional performance information.
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mario
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West Marine kicks off the BlueFuture Fund
2015-05-22 05:06:52| Mobile Homes - Topix.net
West Marine today announced the launch of the West Marine BlueFuture Fund to benefit youth boating, marine conservation and healthy fish stocks. The intent for the BlueFuture Fund is to provide ongoing support to causes central to West Marine's mission.
UN climate fund gears up to deploy cash after Japan inks pledge
2015-05-21 18:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The U.N.'s Green Climate Fund can start deciding where to deploy its cash following the signing of an agreement with the Japanese government that means it will have enough money to begin operating. The new fund for international climate finance needed to convert half of the $9.35 billion pledges made for its first pledging conference last November into firm contribution agreements to become effective. It had set a deadline for the end of April. Japan and the United States did not meet that...
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