Castlestone launches precious metals equity fund

Castlestone Management has launched a gold and precious metals equities fund for CEO Angus Murray.

The Aliquot Gold and Precious Metals Equities fund will allocate to up to eight precious metal equity funds with the aim of limiting single manager risk and adhering to a wider allocation approach. The portfolio’s holdings are diversified across multiple regions, small- to large-cap companies and investment styles. It can also invest in physical gold bullion to hedge against the effects of macroeconomic and geopolitical events. The fund will be managed by Castlestone’s investment committee, headed by Murray. At present the committee oversees the group’s two physical precious metals fu...