Energy Update
Alternative energy mutual funds are continuing to recover from a slump which started in fall 2014. Annual returns range greatly, though, from a high of 15.6 percent for Brown Advisory Sustainable Growth (BIAWX), to a low of -15.8 percent for Guinness Atkinson Alternative Energy (GAAEX). The large 12-month drop by GAAEX was precipitated by painful losses in some of its top weighted holdings.
LONDON, April 8 (Reuters) - Royal Dutch Shell Plc's agreed takeover of BG Group Plc will trigger payouts for BG Chief Executive Helge Lund that could see his pay for his first year top 32 million pounds ($47.8 million), a Reuters analysis of corporate filings shows.
LONDON, April 8 (Reuters) - Dutch pension scheme APG was among a group of investors to pledge support on Wednesday to a planned resolution on "climate change resilience" at oil giant BP's upcoming annual general meeting.
NEW YORK, April 8 (Reuters) - The immediate outlook for U.S. oil production has rarely been more important for the financial world, with traders scrutinizing every scrap of data for signs of a sustained pull-back in output. It has also rarely been harder to predict.
SHANGHAI/HONG KONG, April 8 (Reuters) - Chinese investors, for the first time, used the entire 10.5 billion yuan ($1.7 billion) daily quota in a cross-border programme buying Hong Kong stocks, boosting turnover under the Shanghai-Hong Kong Stock Connect to a record.
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