BlackRock brings a top-performing gold fund to the U.S. market

07/4/2010 | Bloomberg

BlackRock brought to the U.S. retail market a gold mutual fund that until recently was available only to investors in Europe, where it outperformed most of its competitors. Evy Hambro, who runs the European fund, will manage the BlackRock World Gold Fund as well. The European fund, which invests principally in gold-mining businesses, has gained 17% this year.

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