Mercer Study “Gold as an Asset Class for Institutional Investors”
The third updated edition of the Mercer Study “Gold as an Asset Class for Institutional Investors” is available here for download, free of charge.
The study has recently been published in its third edition after its first publication in 2011 and the following second edition in 2014.
Taking current data into account, the study explores the question of how an institutional standard portfolio develops over time, both with and without the addition of gold and in consideration of different market phases.
The study concludes that an addition of gold as small as 5% can already constitute a sensible portfolio diversification, as gold is especially profitable in unstable market phases.