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Earlier this month we asked a cross section of our endowment, foundation and pension fund members about their biggest investment concerns for 2012.
Continue Reading →There are obviously a lot of voices in the gold market globally, but the vast majority of those are focused, unfortunately, on the price return or the price trajectory of gold. Of all of us in this audience, we’re not constructing portfolios solely on price return. So we are looking at what is the portfolio implication of allocating to gold.
Continue Reading →Twelve percent of demand for gold comes from industry. It goes into technological applications. So that’s a more surprising figure than I think people would expect. That’s $20 billion worth at comp prices. Clearly, some industrial end users are finding that the valuable technical properties of gold gives them the benefits that they need in their particular industry.
Continue Reading →One of the most fundamental shifts that we’ve seen in the gold market over the past couple of years has been in the behavior of central banks. I’ll look at what’s driven that, I’ll look at what’s motivated the shift in behavior and then I’ll try to talk as much as I can about the futures. I’ll also address the issue of European gold sales as I go through the presentation.
Continue Reading →SDCERA and their portfolio strategists Salient Partners have come under fire for allegedly firing an employee who raised concerns over the levels of risk in the $8bln pension plan.
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