Gold: Myths, Dreams, and Reality
Partner, Paulson & Co.
Marcelo Kim has been a Partner at Paulson & Co. Inc. since 2011, where he oversees global natural resource investments, specializing in gold, base metals, bulk commodities and oil & gas. Prior to that, commencing in 2009, he was a generalist analyst covering event arbitrage investment opportunities across broad sectors and capital structures. Mr. Kim is a director at Midas Gold since March, 2016. He is the Chairman of International Tower Hill Mines. He is a graduate of Yale University, where he received his BA in Economics with honors.
Tactical Gold Allocation Within a Multi Asset Portfolio
Head of Multi Asset, Newscape Capital Group Ltd.
Having studied the gold market for two decades, I have brought together a range of studies that help to explain movements in the gold price. Everything is connected and gold has a close relationship with the bond market, not just in the US, but around the world. When conditions are most attractive, it makes sense to hold a larger position in gold. And knowing when to stay away, can make a real different to your returns. I will outline my process for allocating to gold, and also touch on gold’s relationship with the miners.
Charlie Morris is Head of Multi Asset at Newscape Group where he manages the Newscape Diversified Growth Fund. He publishes Atlas Pulse (www.atlaspulse.com free sign up) on a monthly basis where he analyses the gold market. There is a bull/bear regime, a valuation framework and further analysis on the drivers behind the gold price. He is also the editor of the Fleet Street Letter, Britain’s oldest financial newsletter that discusses financial markets. Until 2015, he spent 17 years at HSBC Global Asset Management as the Head of Absolute Return. There he managed a $3 billion multi-asset fund range which was active in the gold market. He is a familiar face in the financial media. Prior to fund management, Charlie was an officer in the Grenadier Guards, British Army.