Henderson's Mark Harris has warned investors in fixed income funds will lose money over the next ten years.
Sector Investment Managers is renaming its Junior Mining fund to better reflect its 90% allocation to gold miners.
Nouriel Roubini, the economist dubbed ‘Dr Doom' for predicting the US housing crash, believes the dollar, yen and Swiss franc may be better investments than gold if the global economy suffers a double dip.
World demand for gold shot up by more than a third in the second quarter as recession-spooked investors continued to look to the commodity as a safe haven.
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Managers expect the gold price to rebound back to all-time highs in the current uncertain environment, despite the dip seen over the past month.
OPM's Tony Yousefian has increased exposure to gold within his multi-manager portfolios in the expectation that the gold price will rise a further 11% this year.
Renowned investment guru Jim Rogers continues to avoid investing in the UK, believing the country's "staggering" debt problems are unlikely to improve.