Investors ditch gold despite soaring prices
Gold is hitting one high after another, but investors are dropping the precious metal
Gold is hitting one high after another, but investors are dropping the precious metal
Many traditionally defensive assets have not lived up to their reputations
US dollar exposure has helped bearish Ruffer as UK economic growth grinds to a near halt.
Gold has had a good start to 2016 but three months of positive fund returns and an upwardly mobile price are not enough to badge it as a safe haven.
Philip Richards says investors should reassess what they understand by risky assets in today’s environment, arguing that trends such as increased urbanisation are far more valuable measures of investment trends.
2011 was a difficult year for investors, but more so because of the sizeable macro risks that had to be considered rather than the impact of negative returns.
Perceived safe havens Japan and Germany were the only equity fund groups to see net inflows for the year in 2011, according to research from EPFR Global.
Jack McIntyre gives the reasons behind his assertion that the US dollar is in fact the only genuine safe-haven currency.
Since the onset of the global financial crisis, the role of the Australian dollar (AUD) and its correlation to global markets has changed markedly the AUD is now less positively correlated with global share market movements and commodity prices.