Gold and other precious metal funds have not responded in typical safe-haven fashion since the start of the covid-19 crisis, according to research published in the latest issue of The Cerulli Edge—European Monthly Product Trends. Historically, precious metals have appealed to investors seeking to diversify from asset classes with high correlations. These commodities have also served as a store of currency. However, research from Cerulli Associates finds that although the price of gold soared in 2019 on the back of geopolitical risks, the coronavirus crisis has been less favorable for pre...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes