Jane returns to gold as uncertainty hedge

By the end of 2013, the price of bullion fell below $1,200 per ounce, but recovered at the start of this year, and rose further on the back of geopolitical tensions between Russia and Ukraine last week to trade as high as $1,355. Jane (pictured) has increased his allocation to physical gold to 3.5% of the Darwin Multi Asset fund, from less than 1%, and has also bought into gold miners as he looks to add more value plays to the portfolio. "We bought gold because it is still a hedge on inflation and uncertainty, and it has finally stopped falling," he said. "I did not want to have it as...