Next time you face sticker shock at the gas pump over a $4 gallon of gas, check out your pension fund's investments. They may explain much about the surge in oil prices.Institutional investors such as pension funds, university endowments and sovereign wealth funds have ramped up investing in commodities as a hedge against inflation and to seek out higher returns versus stocks and bonds.
June 03, 2008 at 12:00 AM
1 minute read
Next time you face sticker shock at the gas pump over a $4 gallon of gas, check out your pension fund’s investments. They may explain much about the surge in oil prices.
Institutional investors such as pension funds, university endowments and sovereign wealth funds have ramped up investing in commodities as a hedge against inflation and to seek out higher returns versus stocks and bonds.
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