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Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception A quirk in the way many environmental, social and governance indexes are built means several ESG funds hold stakes in big oil producers such as Exxon Mobil Corp. and Chevron Corp.
Claire Ballentine | Apr 30, 2021
(Bloomberg) The powerful rebound in oil prices has turned exchange-traded funds tracking fossil fuels into some of the best performing in the U.S. this year. Strangely, the rally in crude has been pretty good for products aiming to safeguard the environment, too.
A quirk in the way many environmental, social and governance indexes are built means several ESG funds hold stakes in big oil producers such as Exxon Mobil Corp. and Chevron Corp.
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Bevo’s Daily Roundup: Texas RB Bijan Robinson among players with highest odds to win 2021 Heisman
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Kirby Lee-USA TODAY Sports
247Sports reports that Texas Longhorns sophomore running back Bijan Robinson is among the players with the highest odds (+2500) to win college football’s Heisman Trophy in 2021.
From 247Sports: “Bijan Robinson averaged 8.3 yards per carry last season as a heralded five-star freshman, taking over RB1 honors at one point and running away with first-team reps ahead of Keaontay Ingram (who transferred to USC). He should be a force as a sophomore as Steve Sarkisian’s primary toy in Austin, alongside quarterback Casey Thompson or Hudson Card, who continue to be battle to be “the guy” at Texas. Robinson packs a punch at his size and is one of those ballcarriers who never loses momentum when changing gears during a tackle-breaking run.”
Died: March 9, 2021. JAMES Levine, who has died, aged 77, dominated the music scene in America for half a century. He created one of the finest orchestras and choruses in the world and attracted to New York’s Metropolitan Opera a legion of stars. His insatiable appetite for work and vast operatic repertoire gave him huge authority and power in the theatre. His musicianship was much admired and respected by singers but his career ended in disgrace when, in the post-Harvey Weinstein #MeToo era, accusations arose regarding his rapacious sexual appetite, stretching back decades. In 2017 Levine was suspended from The Met after extensive investigations regarding allegations of sexual inproprieties. There had been persistent rumours of sexual misconduct; in 2018 he was sacked from The Met and there followed defamation lawsuits and counter-claims.