Risk aversion continues to rule as gold funds top charts in short and long term.
More than any other, the specialist sector is a microcosm of wider equity markets. As such, in the short term, fund performance has reflected the widening risk aversion among investors, with gold funds firmly at the top and financials funds at the bottom. The specialist emerging market funds that have been so successful over the long term have also been weak during the market rout. But with gold now at historic highs and financials at historic lows, could leadership of the sector be about to shift? Over three months – the duration of the market downturn – gold funds have been the stro...
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
