Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:PMs Weigh in on Golden Prospects Not Rated 1.0 Email Routing List Email & Route  Print Print
Tuesday, November 17, 2009

PMs Weigh in on Golden Prospects

News summary by MFWire's editors

As gold mutual funds continue to perform, portfolio managers are hoping to further boost returns by investing in mining shares and production, rather than traditional bullion.

The Wall Street Journal's Fund Track Tuesday asked fund managers how to cash in on the trend. On Monday, the Philadelphia Gold Silver index was up over 50 percent on the year, with spot gold up more than 30 percent. Mining shares still trail bullion prices, but fundsters prefer the production investments, because there is greater potential for future earnings.

Among those quoted in the article are Caesar Bryan of Gamco Gold Fund, Tocqueville Gold Fund's John Hathaway, Mark Johnson of USAA Precious Metals and Minerals Fund, First Eagle Gold Fund's Rachel Benepe, Van Eck International Investors Gold Fund's Joe Foster, and Frank Holmes, chief executive and chief investment officer with U.S. Global Investors, which runs the Gold & Precious Metals Fund

Edited by: Daniel Tovrov


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use