General Investing >> Money Manager Interviews >> March 15, 2013
Investing in Gold to Protect Against Downside Risk
Rachel Benepe is a Portfolio Manager at First Eagle Funds. She is a graduate of the University of Pennsylvania and received her MBA from Columbia Business School in 2003. Before attending business school, she worked for Prudential Securities as an Investment Banking Analyst and at Lehman Brothers as an Equity Research Associate, focusing in basic industry, metals and mining. After completing her MBA, Ms. Benepe researched beverages for three years at both Gabelli and Company and Citigroup, and was also an Investment Analyst at Artemis Advisers, focusing on consumer, retail, media and industrials. Ms. Benepe is responsible for covering retail, gold, metals and mining industries, steel and coal, and automobiles. Profile
TWST: Broadly speaking, why is gold a part of your portfolio, and particularly in the current market and economic environment?
Ms. Benepe: At First Eagle, we’ve always viewed gold