From: "Gary Britt" 

Besides the content of my other reply, its also because these are dividend
paying stocks by and large.  Retirement systems also put a lot of money
into utility stocks as well.  They don't do either because they think oil
companies or utilities are way more profitable than the average
corporation.

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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