Smart Energy’s Lang Is Betting Against Hedge Funds
Friday, March 19, 2010 : PermalinkBusinessWeek – The top-ranked investor in renewable energy last year is betting hedge funds are wrong.
Thiemo Lang, manager of the 500 million euro ($681 million) SAM Smart Energy Fund, is buying stocks that most investors are selling, such as Chinese solar-panel manufacturers. He’s aiming to repeat the 83 percent gain in 2009 that placed him first on Bloomberg New Energy Finance’s ranking of clean-energy funds released today.
