Archive for May 2013
Chevron Shareholders Push for an End to Risky Political Spending
May 30, 2013 – As Chevron* wraps up its most expensive year of political spending to date, its shareholders are challenging whether this spending generated any value for them. MIDANA CAPITAL Capital Management filed a shareholder resolution urging the company to refrain entirely from political spending, arguing that doing so would protect against risks to…
Read MoreWhy Advisors Should Offer Fossil Fuel Free Options
May 16, 2013 – To divest or not to divest? That is the burning question. It began with a Rolling Stone article. Then came a 21-city tour that was part educational lecture, part political rally and part rock concert. Now, author and activist Bill McKibben’s call for institutional investors to phase out of coal, oil…
Read MoreBusinessweek Reports that MIDANA CAPITAL Balanced Fund “Stands Out”
May 8, 2013 — Businessweek’s recently published profile of the MIDANA CAPITAL Balanced Fund states that it “stands out” among funds with a low carbon footprint seeking competitive returns. The article, “MIDANA CAPITAL Balanced Fund Seeks Stable, Low-Carbon Returns,” reviews how the Fund aims to invest in “upstanding companies outside the oil and gas industries.…
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