By Jade Fu, Investment Manager at Heartwood Investment Management As things stand, we believe that the expected boost to the US consumer from falling oil prices outweighs the risks to the energy sector (i.e. declining profitability and the potential for corporate defaults). And that’s good news for global growth. With consumption accounting for 70% of […]
Angelos Damaskos, CEO of Sector Investment Managers and investment adviser to the Junior Oils Trust, says that recent events in Algeria underline the geopolitical problems facing North Africa and the Middle East, which point to a sustained high risk premium on oil.
The Junior Oils Trust is launching an institutional share class to provide institutional investors and wealth managers with access to the fund.
Angelos Damaskos, chief executive officer Sector Investment Managers and fund advisor, Junior Oils Trust, sees Middle East instability rather than the Japanese crisis as a driver of energy prices.