Looking for gold in water investments

Brennan, a 49-year-old mechanical and biomedical engineer, is one of a small group of investors who are increasingly seeing an opportunity to make money from water. "We look at water 100 percent all the time," said Brennan, a portfolio manager of the San Diego-based Summit Global Management, a 12-year-old hedge fund established by John Dickerson. Summit, which Brennan says has about $500 million in assets under management, is one of a handful of U.S. funds that specialize in investing almost solely in stocks of water companies, reservoirs, land sitting atop aquifers and pipelines. Read more: http://j.mp/v0zu1Q

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