Natural Resources >> Analyst Interviews >> September 1, 2003

Investment Opportunities In The Energy Supply Chain: J.smith – Gabelli Asset Management

J. Iain Smith is Senior Vice President for Gabelli Asset Management and the Portfolio Manager of the Energy Plus+ portfolios. He has been investing in energy and related sectors for eight years, six of these in hedged strategies. Prior to rejoining Gabelli, Mr. Smith was the founder and general partner of the Grove Energy Fund, LP, the predecessor of Energy Plus+. From mid-1997 through 1999, he was Managing Director at Eastgate Management, an energy hedge fund, directing the firm's fundamental and technical research. Mr. Smith started his investment career as an oil services analyst, first at Gabelli & Company, Inc., and later at Rodman & Renshaw, Inc. He earned an MBA from Columbia Business School, graduating Beta Gamma Sigma, and a BSc with honors in chemistry from Loughborough University, Profile
TWST: What is your outlook for investing in energy stocks?

Mr. Smith: Unlike many energy investors, we look at the entire energy

supply chain rather than focusing predominantly on oil