Evy Hambro
The Steward
Legacy, values and the long now, leadership as care and continuity.
Evy Hambro embodies the Steward archetype throughout this interview, consistently framing his three-decade career in natural resources as a long-term custodial responsibility toward clients, communities, and capital. He speaks of fiduciary duty in literal terms, describing site visits to verify assets and management integrity as core obligations. His personal portfolio construction mirrors his client advice, reinforcing a practitioner-as-guardian sensibility. Hambro articulates capital discipline not as opportunism but as a lesson painfully earned and now institutionalized across his investment universe. His parallel commitments to ESG stewardship, charitable nursing trusts, and ecological farming on his own land reveal a consistent orientation: preserving value, whether financial, human, or natural, across generations rather than cycles.
“One of the advantages of gold is you can't print it unlike paper currency. In today's environment where the cost has gone negative, I think gold has a serious role.”
“If management's going to let you down, then that is the single biggest thing that you need to focus on. We've trusted some managements that we shouldn't have done.”
“Making sure that the companies that we're investing in are good citizens for the countries that they're operating in is absolutely essential.”
Money Maze Podcast: “Evy Hambro – A discussion on Gold, with the CIO of BlackRock’s Natural Resources Team”
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