Swiss Economicblogs.org
Energy master limited partnerships, most of which are in the business of storing and transporting oil and natural gas, have had a rough time of it since energy prices started falling in mid-2014. The Alerian MLP index has fallen 38 percent since its August 2014 peak and is down 27 percent year to date. The 22 percent loss in the third quarter is the worst quarterly decline since the index’s inception in 1998. In September, the asset class was down 15 percent, though it regained all of that...
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