Danish power fund posts strong returns in July
(Montel) Four of five Nordic power funds included in a Montel survey reported gains in July, with Denmark’s Nordic Power Trading topping the list with a yield of 24%.
The firm, run by Bjarne Walbech, also had the highest return in the year to date of 37%, followed by Oslo-based Sector Europower at 12.4%.
Most of the funds benefited from falling power prices last month, with the bellwether Q4 contract falling EUR 2.50 to EUR 23.60/MWh during July.
Markedskraft Capital Management service was the poorest performer, with yields down 5.36% in July and 14.42% so far this year.
Nordic Power Trading
Shepherd Energy Portfolio
Shepherd Power Portfolio
MK Capital Management
Kilde: Montel« Tilbage