Barrick eliminates hedge book much quicker than anticipated
Recent events in the gold market have made Barrick Gold Corp. so bullish on the yellow metal that it decided to eliminate its troublesome hedge book much quicker than anticipated.
In the face of faster trading speeds, increased volume, growing instrument complexity and greater globalization, hedge funds must manage a wider array of risks today than even five years ago, a report by Advent Software/Beacon Consulting says.