China’s Bosera Gold ETF has attracted $553.8 million so far this year, putting it on course for the biggest annual inflow since it was listed in Shenzhen in 2014. Investors are piling into bullion, taking holdings in all such funds tracked by Bloomberg to 73.2 million ounces, the highest in almost five years. Bosera lured the third most money of all commodity ETFs this year, behind New York-listed iShares Gold Trust and SPDR Gold Shares.
Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
