Gilt and gold funds surge in risk-off August
Safe haven funds reward investors
The price of gold rose 6% in August to $1,529
Gilts and gold were the stand-out performers in August as a swathe of macro and geo-political fears saw investors continue to tilt portfolios towards safer assets, according to FE data.
Rising trade tensions, fears of an impending US recession and continued Brexit uncertainty have weighed on sentiment during the past month or so. The worries have caused a number of global multi-asset...
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