Great market opportunity
Time to go short.
Al Gore, the former US vice-president, is to put his expertise in global sustainability issues into practice with the launch today of a fund management firm.Mr Gore has teamed up with David Blood, former chief executive of Goldman Sachs Asset Management, to set up Generation Investment Management, a London-based boutique that will invest in global equities.
The six founder partners have contributed a total of "double-digit" millions of dollars to kickstart Generation, which plans to begin attracting funds in the new year.
The firm aims to deliver higher investment returns by integrating traditional equity analysis with sustainability research, a fledgling area that combines the principles of economic growth, environmental stewardship and social accountability.
Comments
Sounds like a winner for the young folks to lose their money with Bush's SS partail privatization!
John Edwards will be forming a group to offer redress (well maybe 40-40 cents on the dollar) for any person who gambles away his 2-4% allowable under the new law (when enacted) as they were lured into it with promises of easy money.
Gotta love the Dems!
Posted by: mal | November 8, 2004 10:17 PM