Despite the negativity surrounding China and Chinese equities, we believe the market has evolved to be ripe for stock specific selection to drive returns.
Corporate activity got off to a strong start to the year as capital markets have reopened and corporations are pursuing dynamic growth avenues. In particular, the investment landscape for event driven credit is more attractive now than it has been in many years.
There is a potential increase in electricity consumption in the United States due to various factors such as the buildout of new manufacturing facilities, data center infrastructure, cryptocurrency mining, artificial intelligence, and electric vehicles. The primary driver of this increase is expected to be data centers, with predictions that data generation will be twice as much as the past ten years. However, the availability of power is becoming a limiting factor for data center construction, as the power requirements have tripled in the past few years and the electrical infrastructure is not ready to handle the spike in high voltage power demand. Despite these challenges, this commentary highlights investment opportunities in the data center trend. Overall, the commentary suggests that the data center buildout is a multi-year trend with investment opportunities across various sectors.
Featured Commentary
Driehaus Emerging Markets Growth Strategy March 2024 Commentary with Attribution
By Emerging Markets
Despite the negativity surrounding China and Chinese equities, we believe the market has evolved to be ripe for stock specific selection to drive returns.
Driehaus Event Driven Fund March 2024 Commentary with Attribution
By Liquid Alternatives
Corporate activity got off to a strong start to the year as capital markets have reopened and corporations are pursuing dynamic growth avenues. In particular, the investment landscape for event driven credit is more attractive now than it has been in many years.