ValueAct’s Jeffrey Ubben buys BP and says oil company can be ‘part of the solution’

ValueAct’s Jeffrey Ubben buys BP and says oil company can be ‘part of the solution’

As the sustainable investing movement gains traction investors have increasingly shied away from traditional energy stocks. But ValueAct Capital’s Jeffrey Ubben believes that oil and gas companies that are working to clean up their operations can belong in portfolios focused on sustainable companies.

The activist investor, who is the co-portfolio manager of the ValueAct Spring Fund, said that…

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