Top asset managers rebuilt gold holdings after price declines
Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting long-term drivers will endure despite a more assertive US Federal Reserve stance on inflation.
Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the US Federal Reserve takes a more assertive stance on inflation.Amundi SA, Europe’s largest asset manager, bought bullion on t…