The threat of inflation surging in the long term as current monetary policies run their course is being flagged by a growing number of allocators.
Rothschild Wealth Management is keeping a high allocation to cash, short-term bonds and gold, saying a “dangerous complacency” has taken hold of markets.
Jon Andrea von Planta has been appointed co-head of Rothschild Wealth Management’s private client business in Zurich, effective from April 1.
Gold may be sharply below its peak value last year, but a fear that policymakers will allow “a surge in inflation” in the long term is leading Rothschild Wealth Management to like the prospects for gold, and hold it in client portfolios.
Europe’s financial crisis and its effects on the region’s banks are discussed by Dirk Wiedmann of Rothschild Wealth Management and Matthias Hopppe of Franklin Templeton, while Farmland Principles are explained by Zurich-based Adveq and its managing director Philippe Bucher.
As in 2011, asset managers expect politics to keep driving markets in 2012. They discuss how to handle this climate.
In mid-2010, the global sector analysts at Union Investment were called to Frankfurt headquarters for a crucial meeting.
Gold is one of the assets mentioned in this roundup of views from fund selectors on prognosis, price, volatility and tail risk.