A Fund’s Curious Retreat from LNG Amid Long-Term Alliances

The SEC filing reveals a curious arithmetic: 117,966 shares subtracted from a portfolio worth $433.8 million. Golar LNG, now a mere 0.5% of the fund’s holdings, appears to have been demoted from a cherished acquaintance to a polite but distant relation. One wonders if the fund’s managers, ever mindful of reputation and balance, feared the stigma of being seen as overly attached to an industry whose fortunes ebb and flow like the tides.








