Wed, May 27, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

As Uranium rebounds, one manager sees opportunity

Tuesday, April 30, 2019

Bailey McCann, Opalesque New York:

Are we finally turning the corner on the uranium slump? One investment manager argues that spot prices are on the rise and the market should be prepared for an upswing over the next two to five years.

The uranium market includes exploration for, mining, milling, purchase and sale of uranium concentrate. There is also a fuel services segment to the market which includes refining, conversion and fabrication of uranium. Both segments have been under pressure in recent years as prices have remained too low for miners, leading to supply being taken off the market. Now, as demand has started to pick back up prices are rising in response to supply scarcity.

"What we've seen over the past few years, is that commodities investors are skeptical of the uranium market because the downturn has been persistent," says commodities manager Isuru Seneviratne. "But we're also seeing some investment firms acquire ownership stakes in producers, because they're looking at the disconnect between supply and demand. That mismatch will likely be profitable."

Seneviratne was previously the CEO of Radiant Value Management, an energy hedge fund. He's now on the hunt for partners to focus specifically on a uranium strategy. Seneviratne says that the opportunity has a finite investment window of 2-5 years, after which time he'd return money to investors. "I think it's a unique opportunity," Seneviratne says. "Uranium is a small p......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Tech: Fintech startup Brex closes $150m in pure venture funding amid recession[more]

    From Business Insider: Brex, the 3-year-old fintech unicorn, raised an additional $150 million in equity funding from existing investors and Lone Pine Capital, the company announced Tuesday. The cash infusion raised the startup's valuation to "around the $3 billion mark," cofounder and co-CEO Henriq

  3. PE/VC: Venture debt set to take prominent role, Building out Goldman Sachs's private-equity business[more]

    Venture debt set to take prominent role From PE News: Venture debt financing could be having its moment as the equity market becomes less friendly to start-ups. About $10bn worth of venture debt deals were made this year as of 21 April, a pace set to eclipse the roughly $25bn in such de

  4. Study: Emerging market bond issuers take hit as global recession deepens, The coronavirus pandemic could cost the global economy a nightmarish $82tn over 5 years, a Cambridge study warns[more]

    Emerging market bond issuers take hit as global recession deepens Increasing credit stress evident amongst many high-yield EM non-financial corporates as coronavirus disruption takes its toll, says Moody's. 74 out of 106 rated EM sovereigns have a stable outlook as of 30 April 2020 (compa

  5. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.