Tuesday, December 30, 2008 9:22:05 PM
"Given the growing economic and social importance of clean water, and the potential oil-like riches to be made from supplying it, it will come as no surprise that asset managers have created vehicles for those eager to surf this trend. But is there any reason to believe the sector should produce rich rewards? "We believe water stocks should outperform. The theme has outperformed over a five-year period and we've generated alpha through positive stock selection," says Jean Ryan, investment specialist for KBC Asset Management's water fund, launched in 2000."
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