Growth of 20% plus could be seen in the clean technology sector as historically low price to earning valuations are played out, say eco-focused fund managers.
Bozena Jankowska, manager of Allianz RCM EcoTrends, says sell-offs mean there are attractive investment opportunities. "Growth of 20% to 30% in this area is possible," she says. Nigel Taunt, managing director at Impax Asset Management, agrees saying the small-cap universe, in which many of these companies exist, has been especially hard-hit in the past six months because people doubt the amount of liquidity available and are selling. "We are seeing some incredibly inexpensive valuations in the clean tech space. Some of my colleagues who invest in listed companies are scratching their ...
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