Oil-Focused Hedge Fund (Westbeck Capital) Launching New EV Hedge Fund …

Oil-Focused Hedge Fund (Westbeck Capital) Launching New EV Hedge Fund …

Even major oil investors are now making bets that plug-in electric vehicles are here to stay. As an example, the oil-focused hedge fund firm Westbeck Capital is now actually slated to launch an “electric vehicle hedge fund,” the company has revealed. So, to say that once again: a fairly large fossil fuel–focused hedge fund firm is now planning a hedge fund focused on plug-in electric vehicles and the coming “electric revolution.” Not very ambiguous wording, eh? The plan is for the new equities fund to give investors the chance to take advantage of the growing interest in the electric […]