Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year, and is likely to top $100 billion as more data becomes available. Unlisted funds raised $2.5 billion for investment in mining last year vs $700 million to buy farmland.
Trade truce lights fire under mining stocks
Source: Bloomberg Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday. Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 […]