Thursday, July 30, 2009

Hedge fund managers look to gold for personal investment

A recent survey found that 20 out of 22 hedge fund managers bought gold as a personal investment to protect their personal fund from inflation.

Jeremy Charlesworth, chief investment officer at Moonraker, stated "Gold is the ultimate currency, performing best when economies are at extremes, whether that is inflationary or deflationary."

Read more here.

1 comment:

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