BNP Manager Who Beat 97% of Peers Is SMR Buyer After Selloff
AI Summary
A BNP Paribas Asset Management fund, which has outperformed 97% of its peers recently, is now investing in small-modular-reactor (SMR) stocks, reversing its previous stance that the sector was "non-viable." This strategic pivot comes after a market selloff, suggesting the fund sees new opportunities in the sector's potential for innovation and growth. This move highlights a significant shift in the investment landscape, possibly signaling broader industry trends toward embracing nuclear technology advancements.
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