Trust Issues - investing in commodities with BRWM manager Olivia Markham

In this episode of Trust Issues, we speak to Olivia Markham, co-manager of BlackRock World Mining, about the opportunity for investors in the commodities sector and the strong secular tailwinds from the energy transition.

00:00 Introduction

00:18 Overview of the fund and current weightings

01:30 Allocation to private assets

02:32 Why the sector lends itself to active management

03:30 Recent drivers of copper, gold and silver prices

07:31 Outlook for demand from China

09:35 Thoughts on M&A in the mining sector

10:56 Future commodity demand from the energy transition and AI revolution

13:28 Likely rise in expansionary capex

14:25 Further information

14:50 Risk warning

 

Our latest note on BRWM - https://www.trustintelligence.co.uk/investor/articles?fund_id=5

BRWM website - https://www.blackrock.com/uk/solutions/investment-trusts/our-range/blackrock-world-mining-investment-trust/trust-information