("Hudbay" or the "Company") (TSX, NYSE:HBM) and Waterton Precious Metals Fund
II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP, each of which are managed by Waterton Global Resource Management, Inc.
Hudbay Minerals, Waterton Precious Metals Fund
and Waterton Mining Parallel Fund, each of which are managed by Waterton Global Resource Management, announced a settlement agreement that will result in the following eleven nominees being elected as Hudbay's board of directors at Hudbay's annual and special meeting of shareholders scheduled for May 7: Carol Banducci, Igor Gonzales, Alan Hair, Alan Hibben, Richard Howes, Sarah Kavanagh, Carin Knickel, Peter Kukielski, Colin Osborne, David Smith and Daniel Mun~iz Quintanilla.
30 August 2016 - UK-based copper exploration and development company Galileo Resources Plc (LSE: GLR) has sold the Gabbs Gold-Copper Property in Nevada USA to a subsidiary of Waterton Precious Metals Fund
II Cayman, LP for USD 2.5m (GBP 1.9m) in cash, the company said on Tuesday.
BMO GAM also claimed top honours for BMO Precious Metals Fund
- Series A: Best Mutual Fund in the Precious Metals Equity Space (over five years); BMO Mid Corporate Bond Index ETF: Best Fund in the Canadian Fixed Income Space (over three years) and BMO Junior Gas Index ETF: Best Fund in the Energy Equity Space (over three years).
The company has completed the sale through a USD10m Share Purchase Agreement with Waterton Nevada Splitter LLC, a portfolio company of Waterton Precious Metals Fund
II Cayman LP.
Replacing bonds with metals -- With the same stock percentage, you invest 40 percent in a precious metals fund
instead of bonds.
On the flip side, Birla Sun Life Global Precious Metals Fund
has given a return of only 0.5 per cent.
Precious metals fund
investors could have benefitted from momentum investing in 2010, when that category set the pace, but the price of gold has soared so rapidly that further growth may be difficult to sustain.
Also staying defensive was Paula Bujia, manager of the $330 million Schroders Gold and Precious Metals Fund
, which came fourth.
Franklin Templeton brings three new funds to the Gulf Franklin Templeton Investments has launched three new funds - Franklin Gold and Precious Metals Fund
, Templeton European Corporate Bond Fund and Franklin Real Return Fund, all sub-funds of Franklin Templeton Investment Funds (FTIF), a Luxembourg-registered SICAV.