August edition of Portfolio Construction: All That Glitters is Not Gold
The price of gold is up over 25% this year. But what was the driver behind this recent surge and is the rally behind us? As part of their August commentary, Alfred Lam, Senior Vice-President and Chief Investment Officer and Marchello Holditch, Vice-President and Portfolio Manager, CI Multi-Asset Management, look at how the responses from central banks and governments to the COVID-19 pandemic saw investors increase their allocations to the asset class, and the secular trends that lead them to believe gold prices will be supported for the foreseeable future. Read More.