WHEB positions for rally post Copenhagen

WHEB Sustainability fund has increased its exposure to solar power stocks on expectations of a rally post Copenhagen Summit.

The fund - which invests across the areas of climate change, demographics and water - has added five companies involved in solar power generation. "We have been buying stocks that we have had on a watch list waiting for the right time to buy," co-manager Nicola Donnelly says. "The industry is at a turning point. It has suffered from excess capacity and a collapse in the price of silicon but now orders are beginning to pick up along the value chain and we are seeing financial stimulus beginning to come through." "There is still some excess capacity but we believe that is discounted ...