(Video: Mimi Productions)
Energy investing is a multi-decade strategy, according to Libby Toudouze, co-portfolio manager for Cushing’s MLP Alpha Total Return strategy, SMA Manager of the Year award winner in the specialty category.
The strategy invests in midstream companies, which have a “very large growth component because we’re in the early stages of the energy infrastructure buildout in North America,” she said.
And even though energy prices have fallen, “Unless you can think of anything in your life, in your clients’ [lives], where they’re going to use less energy, that’s the only thing that hurts this story.”
— Read The Long Game: 2017 SMA Managers of the Year for more from this year’s winners.