Seven Investment Management (7IM) has increased its exposure to gold to levels unmatched in the firm's history, as it looks to shield itself from elevated market risks.
7IM CIO Chris Darbyshire said last week that the firm was employing "risk off" positioning and that its "seatbelts are fastened". Data released by the firm on Tuesday shows that its gold exposure is...
AUM growth of 19% in first half of 2018
Move to improve access to institutional managers without a retail fund
Launching fund end of 2018
Purchased for undisclosed sum