Cumberland Turns Positive on MLPs
Energy infrastructure master limited partnerships (MLPs) have had a rough year, falling 12% so far in 2017.
But the benchmark-tracking Alerian MLP ETF (AMLP) has recently rebounded from August lows as some value investors have swooped in (see, “MLPs Stage a Surprise Post-Harvey Comeback” in this week’s Barron’s).
In his quarterly review, Richard Daskin, subadvisor for master limited partnerships for Cumberland Advisors, says that he has become positive on the sector recently when he was neutral earlier this year.
Read the full article here: http://www.barrons.com/articles/cumberland-turns-positive-on-mlps-1506004353
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