Global Advisors' mining industry long/short fund

Global Advisors has a launched a hedge fund that invests in mining equities. Russell Newton, fund manager and CEO of Global Advisors, said: "The fund will take positions in mining equities and unlike most funds, will also place strong emphasis on investment in the underlying commodities. The fund will take both long and short positions, rather than simply remain net long under all market conditions. A key difference with the GPMF is that we are not gold bugs trapped by either mandate or mindset into being 100% long." Newton uses the research of Philip Klapwijk, managing director of precio...