Thursday, 25 December 2014
Last updated 17 hours ago
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
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.