Bowen Fund Sees Potential In Renewable Energy, Environment

Jan 19 2009 | 9:07am ET

Bowen Capital Management, an Asia-focused hedge fund manager, says the financial crisis may benefit alternative energy and waste management companies—the type of companies the investor is now targeting.

Jeremy Higgs, who manages the $30 million Green Dragon Fund for the Hong Kong-based Bowen, told Reuters news agency that government fiscal stimulus packages will drive spending on environmental technology. The Green Dragon Fund lost 53% in U.S. dollar terms in 2008 after a 44% gain in 2007.

Higgs is keen on companies in renewable energy and waste management, and says potential areas for investment include makers of high-storage capacity batteries and developers of technology for the capture and storage of carbon. 'Smart grids'—the use of intelligent meters to monitor electricity consumption—is another area of interest.

Bowen's green hedge fund, which invests mostly in pure energy plays, holds stakes in Japan Wind Development Co., the Singapore-based tech firm Hyflux Ltd. and the Philippines geothermal firm Energy Development Corp.

Who is investing in clean technology?
Find out, visit www.cleantechbrief.com


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR