Hedge funds cut exposure to nuclear power stocks


Commercial projects: The Civaux nuclear power plant near a residential area in Civaux, central France. Investing in nuclear power emerged as one of the hottest energy themes of the year and many see it as a necessary part of the low-carbon energy transition. — AFP

SYDNEY: Some hedge fund managers are sounding the alarm on overvalued nuclear power stocks and scaling back exposure after a stunning rally this year.

Sydney-based Tribeca Investment Partners and Segra Capital Management in Palm Beach, Florida, are among funds that have recently trimmed bets on nuclear technology developers and utilities.

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hedge fund , nuclear power

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