Worth its weight in gold?
FAMILY OFFICE | Worth its weight in gold?
All that glitters is not just gold it seems with the launch of Schroders Alternative Solutions (SAS) Gold and Metals Fund in Hong Kong during June. The fund is the first and only in Hong Kong to be primarily exposed to gold and metals via commodity derivatives. Most of the fund will be exposed to precious metals, with the remainder exposed to base metals and other metals like titanium, tungsten and uranium.
So is it worth its weight in gold? Schroders Product Manager for Emerging Market Debt and Commodities Christopher Wyke thinks so, "it does not have benchmark constraints which allows for flexibility in capturing opportunities in gold, precious metals and base metals. The fund's active management approach provides freedom to allocate a wide range of assets, or to increase the cash level when facing adverse market conditions."