In the Press
Media coverage of BullionVault

IPE: Gold - currency of last resort?

LONDON, 3 June 2009 - BullionVault - the private investor service for gold bullion trading and ownership - appears in the latest issue of Investment & Pensions Europe (IPE), the leading comment and news magazine for pension-fund managers in Europe.

"Gold is not just an inflation hedge," IPE quotes Adrian Ash, head of research at BullionVault, in a detailed report also featuring analysis from Rozanna Wozniak, investment research manager at marketing-group the World Gold Council; Daniel Sacks, manager of the Global Gold Fund at investment bank Investec; Dennis Van Ek, European partner at pension consultants Mercer in Amsterdam; and Steve Ellis, portfolio manager at London hedge fund RAB Capital.

"For investors who want to take the direct route," says IPE, "physical gold can be purchased unprocessed [i.e. in bars] or through coins.

""Van Ek believes institutional investors should consider making physical allocations because it is the purist form of allocation, and investors do not have to worry about counterparty risk."

To read the full story now, including BullionVault's comments, go to Investment & Pensions Europe ... here,


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Source: 
IPE