Water funds on the rise

Reuters: Water has yet to live up to its hype as the commodity bet of the future, but the world's most basic resource is drawing ever more money as asset managers seek steady inflation-protected returns. Investment opportunities are increasing as cities in faster growing markets expand and as governments in more developed countries, short of cash, are forced to turn to the private sector to fund upgrades to meet tougher environmental standards. Meanwhile, investors such as pension funds want alternatives......

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