Gold and resources funds haemorrhage value

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Gold and resources funds from Smith & Williamson, Investec, BlackRock and JP Morgan have all suffered...

Gold and resources funds from Smith & Williamson, Investec, BlackRock and JP Morgan have all suffered another appearance in the bottom-ten list for one-week performance. Neptune’s Latin America, European Opportunities and Global Alpha funds made the poor-performer list, all reporting losses of at least 7.8%, according to Morningstar. But the worst UK-domiciled fund performer last week was S&W Global Gold & Resources, which haemorrhaged 15.04% over the five days. The week before it lost 13.33% and it now reports a six-month loss of 42.13%. Investec Global Gold lost 13.26% last week, f...

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