CNBC – There is a new breed of funds moving into the clean technology sector – specialized hedge funds that have at least $750 million under management.
And they bring a new play – long and short – on the notoriously volatile sector.
But it remains to be seen whether playing the growth sector’s zigzags is more profitable than patient investment in the sector’s broader upward trajectory.
“It is an interesting philosophical difference,” notes Angus McCrone of London-based New Energy Finance, a leading provider of clean energy financial research.
“One is saying this is a huge growth story, let’s just put out money in and it will work out well in the long term, and the other is saying, well this is an exciting growth sector but there is going to be some big ups and downs, so let’s take advantage of the ups and the downs and try to get superior performance.”
