{"id":3453,"date":"2005-10-12T00:00:00","date_gmt":"2005-10-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"rabs-richards-goes-nuclear-in-picking-stocks-for-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2005\/rabs-richards-goes-nuclear-in-picking-stocks-for-hedge-fund.html","title":{"rendered":"RAB&#8217;s Richards Goes Nuclear in Picking Stocks for Hedge Fund"},"content":{"rendered":"<p>  Oct. 12 (Bloomberg) &#8212; RAB Capital Plc, a London-based hedge fund manager, increased its investment in companies that mine for uranium, betting concerns about global warming will make nuclear  energy more popular.<\/p>\n<p>  RAB bought shares of Canada&#8217;s Cameco Corp. and South Africa&#8217;s Aflease Gold &amp; Uranium Resources Ltd. in the past year for its $615 million Special Situations hedge fund and a 45-million-pound  ($78 million) U.K. closed-end fund that mirrors the hedge fund.<\/p>\n<p>  Concerns that rising emissions from burning fossil fuels are warming the earth&#8217;s atmosphere and contributing to storms like Hurricane Katrina are leading the public to reevaluate nuclear energy,  said Philip Richards, RAB&#8217;s 45-year-old chief executive officer, in an interview.<\/p>\n<p>  <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=10000082&amp;sid=ac3USbnwauBk&amp;refer=canada\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oct. 12 (Bloomberg) &#8212; RAB Capital Plc, a London-based hedge fund manager, increased its investment in companies that mine for uranium, betting concerns about global warming will make nuclear energy more popular. RAB bought shares of Canada&#8217;s Cameco Corp. and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3453","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3453"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3453\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}