Fund Managers Shy Away from Gold Despite Record Prices Despite gold’s reputation as a safe haven and its significant price increase over the years, most discretionary fund managers maintain minimal exposure to it. Asset Risk Consultants (ARC) found that approximately 75% of managers have either no exposure to gold or allocate less than 2.5% of their portfolios to it, with none exceeding a 10% allocation. This low exposure persists even though gold prices have surged to record highs amid geopolitical uncertainties. The positive sentiment towards gold, driven by its recent performance, is not reflected in portfolio weightings, indicating a cautious approach by fund managers. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts VanEck CEO Bullish on Bitcoin and Gold Amid Global Economic Shifts READ MORE Investors Flock to Safe Havens After Trump Assassination Attempt READ MORE Japan's May Wholesale Inflation Surges, Challenging BOJ Rate Hike Plans READ MORE World Gold Council Launches 'You are Gold' Campaign in India READ MORE Traders Bet Big on Oil Futures Despite A Stagnant Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment