Thiemo Lang, Senior Portfolio Manager of the Polar Capital Smart Energy Fund, outlines the investment universe of the portfolio, as well as exploring how it has evolved over the last 15 years. Thiemo also explains how multiple valuation compressions seen in the first half of this year have left stocks attractively priced, leading to opportunities across the sector in the short to medium term.

Longer-term, Thiemo discusses the critical role of China in global decarbonisation efforts and why, in his view, nuclear energy does not have a key role to play in the transition to net-zero.