Institutional investors Big funds raise the stakes

The Capital Group (Los Angeles) again tops CW’s ranking of the top institutional investors in the chemical industry, this year followed by Fidelity (Boston) and private equity firm Apollo Management. The ranking looks at the top three stakes for active shareholders across chemical companies with market capitalizations greater than $5 billion. Capital Group held 14 such stakes, valued at about $28.4 billion. Fidelity, meanwhile, had $9.02 billion invested across 12 stakes, while Apollo had $7.6 billion invested through its 25.6% stake in LyondellBasell...

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