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Paulson-led group moves to boost gold performance

Sep 22, 2018 - The Globe and Mail (Canada)

New York hedge fund Paulson & Co. and a number of other large global institutional investors have launched an initiative aimed at shaking up the gold industry after years of poor performance.

The Shareholders Gold Council (SGC) will zero in on areas where it feels the industry has fallen short, including executive compensation, mergers and acquisitions strategy, and capital allocation.

A report released last year by Paulson lambasted the gold industry for persistent value destruction...