At a recent Barron’s Roundtable discussion in New York where a number of prominent strategists and portfolio managers had gathered, India—the world’s second-most populous country, with more than a billion people and an economy that is growing at around 8% per annum—wasn’t mentioned once.
Billionaire George Soros’s Soros Fund Management LLC has more than doubled its holding in the biggest gold exchange-traded fund in the fourth quarter after bullion advanced 8.9% to a record. The $25 billion New York-based firm became the fourth- largest holder in the SPDR Gold Trust, adding 3.728 million shares valued at $421 million.
Microsoft is hosting one of its biggest summits. It has told its fans attending the meet that they should not tweet any information about the gathering. A few enthusiasts, however, are not listening.