May 16, 2024
Funds

Hedge funds stockpile uranium as price of nuclear fuel surges

Sean Benson, director of BNF Capital, the London-based office of the billionaire Perodo family, raised seed funding for a dedicated uranium fund known as Tees River in 2019. Since then, the value of the fund, which invests in uranium stocks, has risen nearly four-fold to $280m (£220m). He said: “We just felt [in 2019] that

Read More