Why this top fund manager says the best investment this year is ‘the hedge against political cycles'

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

News Nyheter

Sverige Senaste nytt,Sverige Rubriker

The CEO of VanEck breaks down two of this year’s red-hot trades.

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn't talked about as much as the artificial intelligence trade — but maybe it should be.VanEck CEO Jan van Eck thinks the best investment this year is"the hedge against political cycles." To him, that means investing inGold hit another record on Friday, its 37th record this year. As of Friday's market close, it is up 28% since the start of the year.

68-year-old retiree pays $460 a month to live by a lake in Mexico: ‘I found the peace and tranquility I was looking for'"It's like part of people's model portfolios, or core portfolios, is to have this tactical overweight to semis. And some of our biggest clients actually bought on the dip over the last week or two," the VanEck CEO said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 319. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Why does a CEO matter to a company?Why does a CEO matter to a company?
Källa: Investingcom - 🏆 450. / 53 Läs mer »

CEO of $400 million company: Why I look for ‘hungry' job candidates above all elseKickstarter CEO Everette Taylor says he doesn’t always require job candidates to have prior experience — as long as they’re committed to…
Källa: NBCLA - 🏆 319. / 59 Läs mer »