Friday, 19 December 2014
Last updated 10 hours ago
Feb 25 2010 | 10:05am ET
Sydney-based Taurus Funds Management has won a golden mandate from ING Investment Management’s OptiMix platform.
ING’s OptiMix, an active multi-manager platform, will invest in Taurus’ gold and precious metals strategy. The strategy aims to outperform gold bullion by investing in gold, silver, platinum and palladium physical commodity instruments as well as underlying equities associated with the production and beneficiation of precious metals.
“We have structured a strategy which provides exposure to gold’s defensive properties but also tactically shifts to other precious metal commodities and equities to enhance returns,” said Brenton Saunders, director at Taurus.
Emmanuel Calligeris, chief investment officer of the multi-strategies group at ING added, “This asset class will benefit in a reflation environment, long-term US dollar depreciation, and growing demand with current limited supply due to capacity restraints.”
“Following an extensive review of the sector, OptiMix has appointed Taurus Funds Management to manage its gold and precious metals strategy. Taurus Funds Management was found to have the best track record for managing precious metals exposure and a wealth of experience to gold related exposure at a macro and micro level,” said Calligeris.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.