Strategic Investment

The US Federal Reserve has cut rates twice in recent months and the market expects more of the same, as economic conditions become increasingly uncertain in the US and across the globe. Gold has already benefited from the shift in sentiment and Harry Tchilinguirian, head of commodity research at BNP Paribas, believes it will continue to do so.

In part two of this interview, First Eagle's Thomas Kertsos discusses gold’s role in detail and assesses the current drivers for performance.

First Eagle believes that gold and gold-mining stocks can play a unique role as a potential hedge in investment portfolios. Thomas Kertsos, co-portfolio manager of the First Eagle Gold Fund, explains why.

When Dr Duvvuri Subbarao was Governor of the Reserve Bank of India, the country’s gold reserves increased by more than 50%. Now a Distinguished Visiting Fellow at the NUS Business School in Singapore, Dr Subbarao explains why he believes gold has such a significant role to play among central banks, particularly those from emerging markets.

Many investors buy gold instinctively, as a long-term store of value. Charlie Morris, Head of Multi-Asset at UK investment manager Atlantic House Fund Management, has devised a more conventional way of assessing gold - using a tried and tested model.

Central banks bought more gold in 2018 than at any time since the early 1970s – and the trend has continued this year. Isabelle Strauss-Kahn, Member of the Advisory Board of the World Gold Council, former Director of Market Operations at the Banque de France and former Lead Financial Officer at the World Bank, explains why.

Wahed is the world’s first automated investing service for the US$2 trillion Shari’ah investment market. Based in the US with a growing international footprint, Wahed gives retail investors access to low-cost, diversified, Halal portfolios. Global Head of Portfolios Samim Abedi explains the inspiration behind Wahed and why gold is such an integral part of its offer.