Overlooked Oil And Gas Stocks Are Making Hedge Funds Major Money

OilPrice.com | Oct 7, 2021 at 9:30 PM
  • As institutional investors shun oil and gas stocks because of the environmental, social, and corporate governance (ESG) trend and pressure to align portfolios to a pathway to net-zero, hedge funds are reaping the benefits of soaring commodity and energy share prices, the Financial Times reports.
  • Apart from the growing ESG trend that has had pension funds and banks pledge divestment from some energy subsectors, poor returns in recent years have also alienated investors.