Asset Allocation
Gold Demand Increasing as Stagflation Risk Looms
Record-breaking inflation combined with current geopolitical tensions are driving the trend.
The commodity has been having a good month despite a recent report of low demand.
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
Regional equity gains, as well as currency increasing against a declining US dollar, helped the asset classes surge in second quarter.
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.