(Reuters) Oil-focused hedge fund firm Westbeck Capital will enter new territory next month with an equities fund designed to tap into growing excitement over electric vehicles, according to a draft investor presentation seen by Reuters. Westbeck’s Electric Metals Fund will aim “to capitalize on the electric revolution”, the presentation said, investing in 30-50 stocks, many in metals hotspots Australia and Canada. The fund will bet on both rising and falling share prices of companies focused on the raw materials needed for the development of electric vehicles, such as batteries and supporting infrastructure.
Oil Specialist Westbeck to Launch Electric Vehicle Hedge Fund
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