Anything but a carbon copy

Investors in the CO2 emissions market are finding different ways to access the relatively young market, while fund of funds managers are seeking them in their less-crowded markets

Traditional investors in single hedge funds are looking at the carbon-emissions markets, but taking anything but a unified approach to investing in it.

While some are investing in single-manager funds that trade CO2 emission rights - a mixture of investors from proprietary trading desks to utility energy desks to funds of funds - others are examining the shares of firms listed on exchanges such as London's Alternative Investment Market (AIM) to gain an indirect access to the CO2 rights market.

Lau

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