atans1

Water, the new oil

In Infrastructure on 02/02/2011 at 2:45 pm

AGRICULTURE and water investments will be the best performers over the next 10 years, according to BlackRock founder and CEO Larry Fink.

“Go long agriculture and water and go to the beach,” said Mr Fink, whose creation was now the biggest funds manager in the world, with $US3.5 trillion ($3.07 trillion) under management — more than the GDP of Germany.

“Put those investments in the bottom drawer for 10 years. It’s unlike anything else we have in the world.”

Agriculture and water would even beat energy investments, he said.

“They’re finding lots of ways to find new energy — Israel’s going to be an exporter of natural gas and I’m hearing there’s more oil under Iraq than Saudi Arabia, for instance, although it’s not secure.”

Part of WSJ story

Well on SGX, we got Hyflux and at the shitty end of water plays we got CitySpring and Asia Water.

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