In the second part of this week's Big Questions, managers from Charteris Treasury, LGIM, Fidelity Solutions and Charles Stanley tell Investment Week where they think ISA money should be invested in 2014/2015
Ian Williams CEO, Charteris Treasury Portfolio Managers Gold Last year, gold and silver assets ranked among the worst performers, with gold falling from $1,650 an ounce at the start of the year, to $1,230 at year-end. Mining shares fared worse still, with the XAU mining index falling from around 165 in January, to close the year at 84. The sell-off in gold came principally from US investors liquidating gold ETFs, but this has now ebbed. This year looks quite different as seven of the top ten funds are invested in gold and silver assets, across all sectors. Gold ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
