Marshall Wacea London-based hedge fund, is the second largest short seller of German equities, with positions worth approximately 940 million US dollars.
Although the fund as a whole rising prices on the German equity market it also holds considerable hedge positions.
Co Founder Paul Marshall criticizes the German energy policywhich in his opinion leads to economic problems has led to economic problems by exit from nuclear- and "thermal energy sources" and leaving gas plants as the only flexible energy source in phases of low renewable energy generation.
Marshall sees this as creating favorable conditions for energy producers such as RWE ($RWE (+0,58 %) ), Engie SA ($ENGI (-0,79 %) ) and SSE Plc ($SSE (+2,91 %) ), which creates "exceptional profit opportunities".