Schroders value fund sticks to oil and gas assets -- for now

Oil and gas will not be mothballed in the immediate future, which is why British asset manager plans to hold on to those assets.
Photo: /Ritzau Finans/AP/Jacob Ford
Photo: /Ritzau Finans/AP/Jacob Ford

Schroders European value fund states that it plans to keep its assets in oil and gas, and therefore investing in Russian oil company Lukoil or Romanian gas company Romgaz is not a problem, says portfolio manager Andrew Lyddon to Danish financial news service, Borsen.

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