MSN: Schroders, UBS Global Wealth Push Gold as Key Haven This Year
“The kind of risks we see, the fiscal risk, the geopolitical risk and the inflation risk sometimes are better covered through gold, which also has the benefit of doing quite well if we’re wrong,” Johanna Kyrklund, group CIO for Schroders said in Hong Kong. “I favor gold over Treasuries,” which don’t offer the same diversification benefits they used to.
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