Junior Gold Miners, Egyptian Stocks And E-Sports: Exotic Investing For Everyone

  • 📰 Forbes
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Jan van Eck's strategy is to find a twilight zone midway between active and passive management. The result: hot funds that dare to be different

he broad-market index funds championed by the late John Bogle have a problem. They’re boring. For sizzle, go to Van Eck Associates Corp.

Jan van Eck in New York City’s Tribeca neighborhood. When his money-manager brother died young of ALS, he had to carry on the business solo.One of Van Eck’s funds follows a handcrafted index of Chinese companies that omits the banks and state-run enterprises that dominate mainstream indexes. It has climbed 36% this year.

Is that a prudent way to invest? Maybe. The answer coming from Jan van Eck, the cautious 55-year-old Stanford law graduate who presides over this empire of risk, is dutifully circumspect. “A steel ETF is not designed for the average retirement plan,” he intones. “It’s a tool for portfolio managers.” How did a smallish money manager wind up with the first, and sometimes still the only, ETF for faraway places like Egypt? Or for a ­category covering obscure minerals mined in Australia? “We’re an American firm, but we’ve always had an international perspective,” Van Eck says.

Governments borrow money and governments print money, Von Mises lectured. That’s a recipe for inflation. Take refuge in hard assets. Jan van Eck continues to extract value from hard assets, with funds devoted to bullion, larger gold miners, inflation hedges and natural resource producers. He also has returned the company to its globalist roots. Among his overseas adventures are a German subsidiary designing custom indexes and a Dutch operation selling ETFs to Europeans. The lineup for U.S. customers includes, besides single-country funds, six ETFs that hold overseas bonds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Truly an Inspiration!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market sees nearly 50% chance of a Fed rate cut by the end of January 2020The fed funds futures market is assigning a 48.9 percent probability of at least one rate cut by Jan. 29. Trying to avert a realDonaldTrump economic collapse. They don't call US Stock Market a 'Tulip Mania BUBBLE'. It is a free money ATM. Well said, hope to see more posts like that, highly recommend to check our friends, they working on delivereing tweets from all major coins at lightning speed instacryptonews
Source: CNBC - 🏆 12. / 72 Read more »

Stocks edge lower on growth worriesU.S. stocks started the week lower, adding on to their losses from Friday when all three major benchmarks recorded their worst one-day drop since Jan. 3. The...
Source: MarketWatch - 🏆 3. / 97 Read more »

Passive investing now controls nearly half the US stock marketMarket share for passively managed funds has risen to 45 percent, up a full point from June 2018, according to data this week from Bank of America Merrill Lynch.
Source: CNBC - 🏆 12. / 72 Read more »

Baby boomers, heavily invested in stocks, are putting retirement savings at risk: StudyMany people approaching retirement age today are heavily invested in stocks, potentially leaving their savings vulnerable to the next recession. The next post will be about how long we are expected to live in retirement and are investing too conservatively. Darla_Mercado This is not the stock market to have all of your portfolio in, even as a younger person. It is overvalued, fools gold. Boomers that are heavily invested in stocks are just gambling at this point. Best just to sell everything in 09 never look back
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »