Performance data represents past performance, and past performance does not guarantee future results. Performance data is subject to revision following each monthly reconciliation and/or annual audit. Fund Net returns reflect the performance of an investor who invested from inception and is eligible to participate in new issues. Net returns reflect the reinvestment of dividends and earnings and the deduction of all expenses and fees (including the highest management fee and incentive allocation charged, where applicable). An actual client’s results may vary due to the timing of capital transactions, high watermarks, and performance.
The Countercyclicality of Gold Mining Stocks
The purpose of this research letter is to illustrate the historic countercyclicality of gold mining stocks versus the broad US stock market over a variety of economic environments…. Continue Reading Here ›
The New Role of Monetary Policy
What if the rate of inflation is in the process of bottoming out and the Federal Reserve has limited capacity to intervene to contain it? Continue Reading Here ›
