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China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

September 2007

Hedge funds: Green trimmings

A growing social conscience about the environment has opened up new technologies and markets that offer hedge funds new areas in which to find alpha. But it is still a nascent area and the number of players is small. Helen Avery interviews four managers to see how they are approaching the emerging asset class.


Green finance special section

Impax Asset Management: Shorting the non-environmentalists

Climate Change Capital: Towards a carbon hedge fund
Clean Energy Asset Management: Focusing on renewable energy
BioFinancial Corp: Creating new markets to trade in

CONCERN FOR THE environment is becoming the vogue, not just among politicians, film stars and musicians but also in the finance industry. It has led to a growth in the number of publicly listed companies providing solutions to environmental issues, and has created new markets in such areas as carbon emissions. It is fodder for hedge fund managers who are straining to find new opportunities to create alpha as traditional hedge fund strategies become increasingly crowded.

It is, however, still very much...


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