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Oxford University says will not invest coal, tar sands companies

2015-05-19 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The University of Oxford will continue to avoid investments in companies involved in coal extraction and tar sands, the university's highest decision-making body said on Monday. The university's funds - the Oxford Endowment Fund and the Oxford Capital Fund - have 2 billion pounds ($3.1 billion) of assets under management, and none of it is currently invested in coal or tar sands, the university said in a statement. (ouem.co.uk/) "Our investment managers take a long-term view and take into account...

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