Using a Broader Approach in Energy Infrastructure Investment: An Interview with James J. Cunnane Jr., Chief Investment Officer and Quinn T. Kiley, Senior Portfolio Manager, for Advisory Research, Inc.
67 WALL STREET, New York - May 21, 2014 - The Wall Street Transcript has just published its Oil & Gas: Master Limited Partnerships Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Increasing Demand for Midstream Assets - U.S. Energy Infrastructure Build Out - Emerging Shale Plays - Outlook for Natural Gas Liquids - Oil and Gas Investing - Shale Production Growth
Companies include: Energy Transfer Equity, L.P. (ETE), Williams Companies, Inc. (WMB), Chesapeake Energy Corporation (CHK) and many others.
In the following excerpt from the Oil & Gas: Master Limited Partnerships Report, two senior executives with a prominent MLP and Oil & Gas asset manager discuss the outlook for the sector for investors and give their top picks:
TWST: Please start with some background information on Advisory Research Investment Management - a bit about the firm's history and an overview of your business.
Mr. Cunnane: Advisory Research, Inc. is an institutional investment manager that provides U.S., international, global, and MLP and energy infrastructure strategies for sophisticated investors. Importantly for this particular conversation, Advisory Research has a dedicated MLP & Energy Infrastructure team located in St. Louis. The St. Louis group is a 13-person team that's been managing MLPs and energy infrastructure for over 18 years. We are currently managing a little over $5 billion in MLP and energy infrastructure assets, and have two strategies, one of which is an MLP-dedicated strategy, and the other is an MLP and energy infrastructure strategy that seeks to find the best energy infrastructure assets in the U.S. and invest in them either via MLPs, equity tied to corporations or debt.
TWST: Of those two strategies, is there one you'd prefer to focus on?
Mr. Cunnane: I think both of them are interesting. The MLP-dedicated strategy is something that I talked toThe Wall Street Transcript about a couple of years ago. The MLP and energy infrastructure strategy - the newer strategy - has done very well, and we think is particularly interesting as we look forward to the next 10 years and the opportunity set that's going to be in front of us. The other differentiator is that the MLP-dedicated strategy is available only in separate accounts and in closed-end funds, whereas the MLP and energy infrastructure strategy is available via an open-end fund, which has been a very quickly growing part of the MLP universe recently...
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
