{"id":514,"date":"2023-04-21T16:52:58","date_gmt":"2023-04-21T16:52:58","guid":{"rendered":"https:\/\/goldsilverdesk.com\/news\/?p=514"},"modified":"2024-07-08T19:34:32","modified_gmt":"2024-07-08T19:34:32","slug":"inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance","status":"publish","type":"post","link":"https:\/\/goldsilverdesk.com\/news\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\/","title":{"rendered":"Inflation may moderate, but pension funds aren&#8217;t taking any chances as they increase their exposure to gold and commodities &#8211; Ortec Finance"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/i0.wp.com\/goldsilverdesk.com\/news\/wp-content\/uploads\/2023\/04\/Neils-Christensen.jpg?resize=300%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-515\" style=\"width:35px;height:35px\" srcset=\"https:\/\/i0.wp.com\/goldsilverdesk.com\/news\/wp-content\/uploads\/2023\/04\/Neils-Christensen.jpg?w=300&amp;ssl=1 300w, https:\/\/i0.wp.com\/goldsilverdesk.com\/news\/wp-content\/uploads\/2023\/04\/Neils-Christensen.jpg?resize=150%2C150&amp;ssl=1 150w\" sizes=\"auto, (max-width: 300px) 85vw, 300px\" \/><\/figure>\n\n\n\n<p>Neils Christensen&nbsp;<a href=\"https:\/\/twitter.com\/neils_C\">&nbsp;<\/a><a href=\"mailto:nchristensen@kitco.com\">&nbsp;<\/a><strong>&nbsp;Thursday April 20, 2023<\/strong><\/p>\n\n\n\n<p><strong>Inflation in the U.S. is expected to continue to moderate. However, pension funds are still not taking any chances as they increase their exposure to&nbsp;gold, according to the latest report from one global risk management firm.<\/strong><\/p>\n\n\n\n<p>In a report published Thursday, analysts at Ortec Finance said that a study of U.S. public sector plan professionals, who collectively manage more than $1.3 trillion, said they were 90% confident that inflation is declining.<\/p>\n\n\n\n<p>Globally, more than half of public pension fund managers, with total assets under management of more than $3 trillion, said they expect inflation to be 3.3% or lower within a year, which is down sharply from last year&#8217;s survey, where inflation was expected to be around 6.4%. The survey showed that only 10% of global money managers expect inflation to be over 6%.<\/p>\n\n\n\n<p>The survey results come a week after the U.S. Labor Department said its Consumer Price Index rose less than expected in the last 12 months to 5%. <strong>While fund managers are optimistic that inflation will continue to trend lower from last-years 40-year highs, analysts at Ortec said that they still aren&#8217;t taking any chances as they increase their exposure to gold and other commodities.<\/strong><\/p>\n\n\n\n<p>&#8220;There is genuine optimism that lower inflation will become well-established with very few managers expecting it to be as high as it currently is within a year or two,&#8221; said Marnix Engels, managing director of Pension Strategy at Ortec, in the report.<\/p>\n\n\n\n<p>&#8220;Many US public sector pension plans have acted to manage their balance sheet effectively in order to achieve long-term objectives while dealing with the short-term risk from inflation. Strategic asset allocation decisions are however, becoming increasingly complex as a result of the ever-growing number of asset classes and investment strategies, and the unique risks associated with them,&#8221; he added.<\/p>\n\n\n\n<p><strong>According to the research, about 70% of fund managers surveyed said they planned to increase their exposure to broad commodities; <span style=\"text-decoration: underline;\">40% specifically said they would increase their allocation to&nbsp;gold;<\/span> in other alternative assets, 52% of managers said they would increase their allocations to infrastructure. Meanwhile, 42% said they increase increased their exposure to inflation-protected bonds.<\/strong><\/p>\n\n\n\n<p><strong>Commodity analysts have said that hedge fund interest in&nbsp;gold&nbsp;as a strategic asset should continue to support the precious metal above $2,000 and potentially push prices to all-time highs. <\/strong>Analysts note that their bullish positioning in gold is still relatively low compared to last year when it made its first attempt at all-time highs.<\/p>\n\n\n\n<p><strong>The latest data from the Commodity Future Trading Commission shows that money managers are net long gold by 104,000 contracts, about 27% from the 2022 peak, the last time when prices were above $2,000 an ounce.<\/strong><\/p>\n\n\n\n<p>Analysts note that holding in gold-backed exchange-traded products also shows that investors are generally underinvested in gold compared to its previous run. In March, global gold-backed ETFs saw their first net inflows in 10 months.<\/p>\n\n\n\n<p>Looking at the World&#8217;s biggest gold ETF SPDR Gold Shares (NYSE: GLD), it currently holds 926.57 tonnes of gold, down compared to the nearly 1,100 tonnes held in March 2022.<\/p>\n\n\n\n<p>Ortec Finance is a leading global provider of risk and returns management solutions for pension funds and other institutions, as it creates risk models to help them achieve their investment goals.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Neils Christensen&nbsp;&nbsp;&nbsp;&nbsp;Thursday April 20, 2023 Inflation in the U.S. is expected to continue to moderate. However, pension funds are still not taking any chances as they increase their exposure to&nbsp;gold, according to the latest report from one global risk management firm. In a report published Thursday, analysts at Ortec Finance said that a study of &hellip; <a href=\"https:\/\/goldsilverdesk.com\/news\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Inflation may moderate, but pension funds aren&#8217;t taking any chances as they increase their exposure to gold and commodities &#8211; Ortec Finance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-514","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inflation may moderate, but pension funds aren&#039;t taking any chances as they increase their exposure to gold and commodities - Ortec Finance - Gold Silver Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldsilverdesk.com\/news\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation may moderate, but pension funds aren&#039;t taking any chances as they increase their exposure to gold and commodities - Ortec Finance\" \/>\n<meta property=\"og:description\" content=\"Neils Christensen&nbsp;&nbsp;&nbsp;&nbsp;Thursday April 20, 2023 Inflation in the U.S. is expected to continue to moderate. However, pension funds are still not taking any chances as they increase their exposure to&nbsp;gold, according to the latest report from one global risk management firm. In a report published Thursday, analysts at Ortec Finance said that a study of &hellip; Continue reading &quot;Inflation may moderate, but pension funds aren&#8217;t taking any chances as they increase their exposure to gold and commodities &#8211; Ortec Finance&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldsilverdesk.com\/news\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\/\" \/>\n<meta property=\"og:site_name\" content=\"Gold Silver Desk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-21T16:52:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-08T19:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/goldsilverdesk.com\/news\/wp-content\/uploads\/2023\/04\/Neils-Christensen.jpg\" \/>\n<meta name=\"author\" content=\"david@goldsilverdesk.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"david@goldsilverdesk.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/goldsilverdesk.com\\\/news\\\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/goldsilverdesk.com\\\/news\\\/inflation-may-moderate-but-pension-funds-arent-taking-any-chances-as-they-increase-their-exposure-to-gold-and-commodities-ortec-finance\\\/\"},\"author\":{\"name\":\"david@goldsilverdesk.com\",\"@id\":\"https:\\\/\\\/goldsilverdesk.com\\\/news\\\/#\\\/schema\\\/person\\\/7985cc77bfb2b705aec4b5dd3e07c748\"},\"headline\":\"Inflation may moderate, but pension funds aren&#8217;t taking any chances as they increase their exposure to gold and commodities &#8211; 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