| A ring, band, coin or ETF — the white metal can add glitter to your portfolio in any form you choose to invest. Do you know what South Africa’s biggest fund is betting on today? Not gold, South Africa’s most famous export, but platinum. Public Investment Corporation (PIC), which manages about $150 billion of South African pension money, is betting big on platinum producers.
A recent Bloomberg interview quoted Daniel Matjila, the fund’s Chief Investment Officer, as saying, “We like industrial metals, not those about sentiment.”..............................................Full Article: Source
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