Insider Interview: Why soaring gold is not yet a bubble
In the press•Published date 28 October 2024
In the latest Insider Interview, Kyle Caldwell puts the questions to Sebastian Lyon, manager of Trojan Fund and Personal Assets, which both adopt a capital preservation approach. Lyon names four key areas the fund and investment trust invest in to both grow and protect investor returns. Among the defensive armory is gold. Lyon explains why gold has been a key driver of performance over the long term. The yellow metal has also been a strong performer in 2024, and Lyon considers the gold price soaring, and why it is not yet a bubble. The fund manager also shares his view on the biggest risks for stock markets, and outlines one area of the bond market where he’s finding plenty of value.