Updated
Updated · Bloomberg · Jun 23
Polar Capital’s $1.04 Billion Energy Fund Doubles Down on Japan AI Efficiency Stocks
Updated
Updated · Bloomberg · Jun 23

Polar Capital’s $1.04 Billion Energy Fund Doubles Down on Japan AI Efficiency Stocks

3 articles · Updated · Bloomberg · Jun 23

Summary

  • Polar Capital’s Smart Energy Fund is increasing exposure to Japanese companies that help data centers use less power, making them some of its top holdings.
  • Thiemo Lang is targeting power semiconductors, optical connectivity and other efficiency technologies, arguing they stand to gain most from the AI infrastructure buildout.
  • The $1.04 billion fund has returned 132% over the past year and outperformed 99% of peers, giving weight to the strategy.
  • The move fits a broader shift into Japan growth stocks, where investors are increasingly backing AI-linked companies over traditional manufacturing and telecom names.

Insights

With a weak yen and looming rate hikes, can Japan’s AI-driven market rally actually be sustained?
Beyond semiconductors, who are the hidden champions leading Japan's unique 'physical AI' revolution?