MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, December 13, 2011 Water-Related Funds Play in Shallow Pool Allianz RCM Global Water Fund, PFW Water Fund and Kinetics Water Infrastructure Fund, three of the mutual funds investing in water-related stocks, will face stiffer competition from hedge funds. So claims a Reuters article that covers the water investments for readers. Two of the hedge funds covered by Reuters are Summit Global Management and Water Asset Management. The two hedge funds manage $500 million and $300 million. All three of the funds remain niche players with just more than $100 million in AUM combined. The Allianz fund currently has $72 million in assets, PFW Water fund has $17 million while Kinetics has $16 million. Water-related pools are much deeper in Europe, where Pictet Global, SAM Sustainable Water Fund and Kleinwort Benson Investors manage water-related funds with $4.7 billion in AUM. Printed from: MFWire.com/story.asp?s=38564 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |