Any industry with a value chain that includes a customer buying a product means some companies will be successful over and above others in the same industry. Jos Shaver explains how, as a bottom-up long/short equity manager, he takes full advantage of what he describes as the structural change such as the “distorting impact” on power markets of renewable, solar and wind power developments.
PA Video Insight: Winner or loser or utility player?
Utilities is a great example of a sector where customer choice means there will be corporate winners and losers, an ideal scenario for a long/short fund manager.
