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echo: barktopus
to: Gary Britt
from: Robert Comer
date: 2005-12-15 08:55:14
subject: Re: Bang!

From: "Robert Comer" 

> Retirement systems invest for safety and not so much growth, and managed
> funds aren't buying oil stocks today.

One of my 401K funds top investment is Exxon and Chevron is in the top 10.

--
Bob Comer


"Gary Britt"  wrote in message
news:43a0f67d{at}w3.nls.net...
> Retirement systems invest for safety and not so much growth, and managed
> funds aren't buying oil stocks today.
>
> Gary
>
> "Bill Lucy"  wrote in message
> news:MPG.1e0a8a81cc4a885e989779{at}news.barkto.com...
>> In article ,
>> jcuccia{at}bigfoot.com says...
>> > >Is that where major institutional investors are putting
>> > >their money today?
>> >
>> > Someone certainly put loads of money into oil stocks over the past two
>> > years.
>>
>>
>> Most of the institutional investors (pension funds) have a goodly
>> portion of their equities in oil companies. For a long while, the two
>> largest investments for the Retirement System were Exxon and Royal Dutch
>> Shell. I would be surprised if that wasn't true any longer.
>>
>
>

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