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Alaska Permanent Fund seeking new oil and gas investments

2014-09-28 20:04:16| Oil & Gas - Topix.net

Calls for big investors to stop investing in companies that produce fossil fuels are picking up steam, but the Alaska Permanent Fund has been doubling down on its investments in the oil and gas industry. The $51 billion fund has long bought stocks of companies involved in the oil and gas industries, but it is now making direct investments in oil and gas companies, hoping to capture even more of the big profits others have been earning.

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