China's solar energy push drives Green Dragon


China's announcement of pro-environment measures helped Bowen Asset Management to a strong result in March. Its environmental sector-focused pan-Asian Green Dragon fund gained 15.38%; year-to-date the fund is up 3.03%. When the Chinese government announced a major subsidy for solar energy - considered to be the most aggressive and generous subsidy in the world - solar energy stocks saw a huge rally, and the fund's favourite in this sector, Suntech Power, rose 92% during the month, explains Bowen Asset Management's Jeremy Higgs.

Jeremy Higgs

Other long-side gains included EDC, a geothermal energy company in the