Thank you Matthew. It's a lot of selling. I suspect the regulatory framework in UK wealth management makes compliance and risk uncomfortable with holding alternative assets, and especiaally when they sit outside of their benchmark. Career risk trumps client portfolios..
Yes, it is an excellent strategy. According to Adrian Ash of BullionVault, the selling in Europe & the UK is simply skimming some of the profits.
Thank you Matthew. It's a lot of selling. I suspect the regulatory framework in UK wealth management makes compliance and risk uncomfortable with holding alternative assets, and especiaally when they sit outside of their benchmark. Career risk trumps client portfolios..
Excellent strategy! Well done!