Financial results from 127 global oil and natural gas companies showed increased use of debt to help fund operations – along with asset sales – in recent years amid flat oil prices. Low borrowing rates facilitated this phenomenon, though the long-term sustainability of this strategy is questionable. “Using debt to fuel growth is a typical… Keep reading →
Many of the largest US pension fund managers gathered at the United Nations last week to discuss the risks and opportunities climate change poses to their investment portfolios. Institutional investment fund managers, like those in charge of pension resources, are in the difficult position of finding opportunities that provide returns needed to support beneficiaries for… Keep reading →
