Endowment Funds Looking for Golden Hedge
Many institutions may be following the Texas and Harvard examples as a necessity to hedge the overall risk profile and generate increased exposure to resources and precious metals.
Many institutions may be following the Texas and Harvard examples as a necessity to hedge the overall risk profile and generate increased exposure to resources and precious metals.
By Kishori Krishnan Exclusive To Gold Investing News An insurance company getting into gold? That’s right. America’s third largest life insurer, Northwestern Mutual Life Insurance which has been in existence for 152 years, has never in all those years bought gold. Until now. The company has disclosed it recently invested around US$400 million to buy [...]
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