Electron Rises 5.1% Buy Renewable And Infrastructure Stocks: Q1 Letter

Electron Capital Partners’ flagship Electron Global Fund returned 5.1% in the first quarter of 2021, outperforming its benchmark, the MSCI World Utilities Index by 5.2%. Q1 2021 hedge fund letters, conferences and more According to a copy of the fund’s first-quarter letter to investors, the average net exposure during the quarter was 43.0%. At the end of March, gross and net exposure was 200.7% and 48.4%, respectively. Utilities appear cheap Electron specializes in the utility sector. According to its March update, the firm “remains constructive” on this sector despite its recent positive performance. What’s more, in the update, Jos Shaver,…