News & Insight • In the News
29 May 2025 | Simon King
FT Adviser
David Thorpe spoke to Simon King asking what is behind the rise in the gold price
Simon said: "Vermeer Partners, has long used gold in portfolios. Gold has formed part of strategies since we started Vermeer. We regard it as a true diversifier and importantly an attractive asset in its own right. It has to be held on a constant basis rather than traded.
We believe that over longer time periods it is an inflation hedge and a reliable safe haven in periods of stress.
In our view naysayers tend to over-focus on short-term performance and correlations. We like the fact that you can touch it and we know how much of it is in existence, and [that] explains our continuing preference for it over cryptocurrencies.”
King accesses gold via the use of exchange traded funds.