Sebastian Lyon, manager of the £3.6bn Troy Trojan fund, believes the policies of US President Donald Trump will be positive for gold, which was one of his top-performing assets in 2016.
Gold has been a strong performer during 2016, with several of the best performing funds last year investing in the precious metal. Some of these have continued this trend in the first month of 2017, with three gold funds were among the top-five best performing funds in January. The £3.6bn fund had 6.8% allocated to gold bullion securities, as of 31 December 2016, and a further 2.1% in physical gold ETFs. In total, manager Lyon (pictured) holds around 10% of the fund in the precious metal. Which sectors were the winners and laggards during a turbulent 2016? Lyon favours gold for it...
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