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echo: barktopus
to: Bill Lucy
from: Gary Britt
date: 2005-12-14 23:54:08
subject: Re: Bang!

From: "Gary Britt" 

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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