Guinness AM launches global energy fund

To be managed by Tim Guinness, it will invest in companies engaged in the exploration, production and distribution of energy, including those in the oil, natural gas, coal, nuclear, utilities and alternative energy sectors. The fund, which follows the launch of the Guinness Alternative Energy fund, will comprise a concentrated portfolio of 30 equally weighted positions made up of approximately 40 stocks. Its geographical make-up will include companies in the US, Europe and Asia, as well as those in other emerging markets, with the majority having a market capitalization in excess of $1b...