Schroders to launch metals fund

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Schroders is launching what it believes to be the first long-only vehicle offering exposure to gold ...

Schroders is launching what it believes to be the first long-only vehicle offering exposure to gold and metals through the futures market. Scheduled for launch on 7 July, the Gold & Metals fund will sit in the Alternative Solutions range alongside Agriculture and Commodity, which together have around $9bn AUM, and Global Energy. It will be co-managed by Robert Howell, who runs the Commodity fund, and Paula Bujia, a commodity equity analyst. Gold & Metals will consist of futures, physically-backed exchange-traded funds (ETFs) and equities. Matthew Michael, product manager at Schroders ...

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