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 The Alibaba Conundrum and Gold's Rally READ MORE Bonds Rally, Stocks Dip Following First Presidential Face-Off READ MORE Federal Reserve Balances Rate Decisions Now That Inflation Has Slowed READ MORE March Jobs Surge Beats Forecasts, But Wage Growth Sparks Inflation Concerns READ MORE Goldman Sachs: Gold is the Best Investment Right Now READ MORE Add a Comment Cancel replyYour email address will not be published.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