Hedge Funds

Sparx turns attention to renewable energy

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Shuhei Abe
Shuhei Abe, president, CEO and group CIO of the $8.3 billion Sparx Group of Japan, has revealed the firm is gearing up to gain more significant exposure in the Japanese renewable energy sector given a rapidly evolving shift in Japanese energy policy aimed at reducing the country’s dependence on nuclear energy.

The sector, he told AsiaHedge, is to be a key investment focus of the group, including its Hong Kong-based OneAsia team, which is evolving as a part of Sparx’s transformation as a pan-Asian house.

The group has already been looking