Sector Expert: Kenny Feng
Kenny Feng, CFA is the president and CEO of Alerian, an independent provider of objective indices, data sets, and analytics for the master limited partnership (MLP) sector. Over $10 billion is directly tied to Alerian's indices, including the leading benchmark of MLP equities: the Alerian MLP Index. Feng is a former managing director and portfolio manager of SteelPath Capital Management, a Dallas-based MLP investment manager. Prior to his experience at SteelPath, Feng covered MLPs, electric and gas utilities and diversified gas companies at Goldman, Sachs & Co. in the firm's Global Investment Research Division. Feng graduated summa cum laude with a Bachelor of Science in economics from the Wharton School and a Bachelor of Arts in international studies from the University of Pennsylvania. He also serves on the advisory board of Midstream Business, a monthly publication addressing the need for business market intelligence on North American midstream energy infrastructure.
More and more investors are catching on to the steady returns and market resilience that master limited partnerships (MLPs) have historically offered. And when MLP investors evaluate sector performance, they frequently use the Alerian MLP index as their benchmark of choice. Alerian maintains the standard indices for MLPs, and in this Energy Report interview, the company's president and CEO, Kenny Feng, explores some of the issues vital to income- and growth-seeking investors.
Increasing U.S. energy demand has spawned a similarly growing investment space in Master Limited Partnerships (MLPs). These partnerships provide investors with the opportunity to share in the income generated mainly through the transportation, distribution and storage of oil and natural gas. In this exclusive interview with The Energy Report, Kenny Feng, president and CEO of Alerian, which maintains the Alerian MLP Index, gives us the ins and outs of the MLP business, highlighting the unique benefits and risks associated with these income-generating investment vehicles.