Hedge Fund That’s Up 227% Makes Commodity Bets on Rate-Cut Talk
- XIB sees ‘a much more compelling outlook for global resources’
- Uranium prices soared as 2023 Niger coup disrupted shipments
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XIB Asset Management, the Canadian hedge fund that gained more than 200% in the first two years of the pandemic, is now betting that gold and uranium will outperform as interest rates decline.
The firm, founded by Sean McNulty and Peter Hatziioannou, expects policymakers to begin lowering borrowing costs soon.