Van Eck Global’s Joe Foster To Share His Outlook On Metals And Mining Equities At Bloomberg Precious Metals Conference
Joe Foster, portfolio manager for Van Eck’s flagship fund, Van Eck International Investors Gold Fund (INIVX), will be presenting at the Bloomberg Precious Metals Conference in New York on March 13 th as part of a panel on “Investing in Mining Companies,” it was announced today.
Among the topics Foster will be discussing are whether mining companies can continue to generate attractive risk-adjusted returns if prices stop rising, those companies and regions worthy of investor consideration, and whether mining companies should consider linking dividends to commodity prices.
“Precious metals, particularly gold and gold equities, have been on a tremendous run in recent years,” said Foster. “I’m looking forward to sharing my views on the factors driving those increases and some of the key trends that will shape investment returns from this space in the months and years to come.”
In addition to leading the team responsible for INIVX, the first gold mutual fund which traces its roots back to 1968, Mr. Foster also lends his expertise on gold and precious metals to the 12-member investment team responsible for overseeing the Van Eck Global Hard Assets Fund (GHAAX) and the Van Eck VIP Global Hard Assets Fund. Collectively, these three funds had $8.6 billion in assets under management (AUM) as of January 31, 2012.
In addition to actively managed funds, the company is the distributor of two gold-mining exchange-traded funds (ETFs): Market Vectors Gold Miners ETF (NYSE Arca: GDX), the first ETF focused on the gold mining industry, with approximately $8.0 billion in AUM, and Market Vectors Junior Gold Miners ETF (NYSE Arca: GDXJ), which invests in junior gold companies and has approximately $2.0 billion in AUM, both as of January 31, 2012. About Van Eck Global Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today the firm continues this tradition by offering innovative, actively managed global investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes.Select the service that is right for you!
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