Hedge Fund That’s Up 227% Makes Bet on Gold

XIB Asset Management, a Canadian hedge fund that soared by 227% during the first two years of the pandemic, is now strategically focusing on gold and uranium, anticipating their strong performance as interest rates are predicted to fall. The fund’s founders, Sean McNulty and Peter Hatziioannou, foresee a near-future where policymakers start reducing borrowing costs, boosting prospects for global resources and revitalizing Canadian capital markets.