Page 2 - Robert Samson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Leika Kihara

Asian currencies are especially exposed to outflows as benchmark rates in the region are generally lower than their emerging peers, resulting in a wider differential with the US.

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(Bloomberg) -- Gold’s recent tumble has made it more attractive in an environment in which elevated interest rates boost the odds of unexpected market ructions, according to Nikko Asset Management.The retracement has pushed some of the froth out of the market, and it’s prudent to own some of the precious metal, according to Robert Samson, global head of multi-asset at Nikko Asset Management, who has about $1.5 billion across two mandates domiciled in Japan and Singapore. There’s a “decent chunk”

While some may still see gold as overvalued against bonds, it’s a sensible time to own it now, according to Samson.