Wednesday, July 16, 2008

The lack of retail New energy Funds

So hard to find a retail fund that invests in alternative energy.

Most of them have mandates I don't like. "Investing in companies that profit from global climate change" is hardly the same as investing in alternative energy. So why is everyone releasing a global climate change fund? (The answer is fad. Investment is extremely faddish and fund houses like to copy cat each other)

Dear fund houses. Stop flooding us with commodities funds already.

ME WANT MORE RETAIL ALTERNATIVE ENERGY FUNDS!

For once in your lives help us look at future trends. Not trends that are well under way.

Meanwhile thank God for small mercies like higher cost private banking funds to satisfy my alternative energy hunger.

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