LONDON, 2 March 2011 - Internet gold-investment exchange BullionVault is mentioned today in a report on gold's new record-high price from The Source, a London-based blog provided to Wall Street Journal subscribers online.
Noting the mid-2010 investment in BullionVault's business by Augmentum Capital - a tech' fund whose sole client is RIT Capital Partners - "Jacob Rothschild, the well-heeled chairman of the London-listed investment trust, has stood by Old Yeller of late, upping RIT's investment in 'real assets' like gold in a bid to protect against economic instability," says the Wall Street Journal online."These areas provide some protection from inflation and have performed well for our shareholders," it quotes Lord Rothschild's latest letter to shareholders.
Launched in 1988, RIT Capital Partners is classed as a "global growth" fund by MorningStar, outperforming its benchmark (the FTSE World Index) dramatically over 5 years, and rising at more than twice the pace over both 3 and 12 months.
You can read The Source's report at the Wall Street Journal here...
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Source:
Wall Street Journal
