William Page, Senior Vice President & Senior Portfolio Manager, Essex Global Environmental Opportunities Strategy (GEOS)
Pockets of cleantech are suffering from stock market disappointment, despite promising growth and excitement a few years ago, even while the broader market continues to reach new heights. Through April 30, 2024, the WilderHill Clean Energy Index had a one-year total return of -42.7%, lagging the broader market as measured by the MSCI World Index, which had a total return of about 19% for the same 12-month period.
In hindsight, it is relatively easy to point to several factors that have presented headwinds for cleantech companies, including ...
