Indicator of a market that has topped?

News from the Church of England:

The Church of England’s Church Commissioners have gone green, investing £150 million with former US Vice-President Al Gore’s environmentally minded investment firm, Generation Investment Management…Generation Investment Management was founded in 2004 by Mr Gore and David Blood, former head of Goldman Sachs Asset Management, and had almost £5 billion under management before the market collapse. The firm invests in companies that follow “socially responsible” business model…”Those looking for a quick hit in the market place, to skim the cream and go somewhere else, those are not the investors attracted to this strategy,” Mr Gore said…

We wonder if there is any overlap among investors in this strategy and those in another fund of recent note. Question: does the trendy investing of the Anglican Church indicate that the global warming bubble has finally burst?

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