Increasing demand for alternative sources of energy in Asia is helping drive performance in the renewable energy sector, according to Impax Asset Management.
Bruce Jenkyn-Jones, managing director of listed equities and investment manager at Impax Environmental Management, said his exposure to the region, at present about 20 per cent, would rise in the future.
Europe has traditionally been the dominant market for renewables but, he argues, burgeoning economies such as India need to have sustainable energy and high-quality infrastructure to drive their growth.
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