Inflation may moderate, but pension funds aren't taking any changes as they increase their exposure to gold and commodities - Ortec Finance

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Inflation may moderate, but pension funds aren't taking any changes as they increase their exposure to gold and commodities - Ortec Finance Inflation pensionfunds goldandcommodities

- Inflation in the U.S. is expected to continue to moderate. However, pension funds are still not taking any chances as they increase their exposure to gold, according to the latest report from one global risk management firm.

The survey results come a week after the U.S. Labor Department said its Consumer Price Index rose less than expected in the last 12 months to 5%. While fund managers are optimistic that inflation will continue to trend lower from last-years 40-year highs, analysts at Ortec said that they still aren't taking any chances as they increase their exposure to gold and other commodities.

According to the research, about 70% of fund managers surveyed said they planned to increase their exposure to broad commodities; 40% specifically said they would increase their allocation to gold; in other alternative assets, 52% of managers said they would increase their allocations to infrastructure. Meanwhile, 42% said they increase increased their exposure to inflation-protected bonds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ratehub.ca: Compare Mortgages and Personal Finance ProductsAs home prices have declined across Canada on a year-over-year basis, a new analysis from found that homes are less affordable amid higher interest rates. goodkarma4344 That is because prices have not come down nearly enough, and they won't until there is adequate supply to allow price discovery. goodkarma4344 no shit?
Source: BNNBloomberg - 🏆 83. / 50 Read more »