328. Investment goldmine: capitalising on the demand for essential metals

FundCalibre - Investing on the go

Evy Hambro, co-manager of the BlackRock World Mining Trust, shares his strategies behind investing in the commodity sector, emphasising the critical roles of metals like copper and gold in today's economy. The interview explores how supply constraints, demand fluctuations, and macroeconomic trends impact investment decisions alongside key themes such as digital transformation, AI, and the energy transition. Evy provides insights into the balance between profitability and risk, and offers a forward-looking perspective on opportunities in the mining sector.
What’s covered in this episode:

• What does this trust invest in?
• Balancing the supply and demand of metals
• Where are we in the investment cycle?
• What’s your view on gold?
• What’s driving the copper market?
• How is artificial intelligence linked to metal demand?
• What themes are going through the portfolio today?
• The role of metals in the energy transition
• Does inflation impact these companies and metals?
• Why the manager’s view on gold has changed
• Where are the best opportunities today?

More about the fund:
Managed by one of the most experienced teams in the market, the BlackRock World Mining Trust is ideally positioned to tap into a number of global tailwinds set to benefit the mining sector. The trust has significant flexibility to invest across various metals and mining companies, including unquoted companies. The trust also offers an alternative – and attractive – source of income to investors. The result is a conviction-led approach to investing in the mining sector, as opposed to focusing on the short-term direction of commodity prices.
Learn more on fundcalibre.com
Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.