Gold and gilts best performers over 12 months, says NU economist

Gold, gilts and cash have been the best performing asset classes over one year to 31 March, according...

Gold, gilts and cash have been the best performing asset classes over one year to 31 March, according to Norwich Union’s senior economist Stewart Robertson. Gold has returned 38.9%, index linked gilts 9.8% and gilts 5.8% over the period, while cash has delivered 3.1%. By contrast, the worst performers over 12 months have included the Topix index in Japan, losing investors 22.9%, and UK commercial property which lost 9.2%. Looking at the three-year figures, gold has also been the strongest asset class, returning 29.7%, followed by the German Dax index which produced 15.8%, and the FTSE ...