FUND FUN
- From: Vol 8, Issue 6 (June 2007)
- Category: Need to know
- Region: Unspecified
- Country:
- Related Companies: Aguas de Barcelona, Credit Suisse, Gas Natural, Kelda, MFS, Pennon, Severn Trent, Sextant Capital, Suez, Summit Global Management and United Utilities
* Australia’s drought may have been broken by severe flooding north of Sydney, but the money is still flooding into the water sector (see story p28).
Two Aussie fund managers, Credit Suisse and MFS, raised specialist water funds in May. Also joining the water fund band-wagon is Sextant Capital of Canada. It announced its Global Water Fund on May 31.
* Of course, neither the Canadians nor the Australians have much in the way of a quoted water sector to play in. The real action for water ...
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