Gold latest to fall foul of risk parameters - FT Adviser
21 August 2017
Wealth managers have questioned the use of broad asset class definitions for risk-profiling purposes, after one approach categorising gold with other commodities forced an investment team to reduce weightings to the safe haven asset.
Currently, our risk monitoring is based on asset class constraints. Going forward, we will be implementing an additional risk score for each security," said Meena Lakshmanan, a partner at wealth management firm LGT Vestra.