Falling returns for equities and rising yields on cash and bonds are forcing market participants to rethink their allocation strategies and reassess the role of gold in their portfolios, according to Jeremy De Pessemier, Asset Allocation Strategist at the World Gold Council. “A lot has been made of the convergence of yields for cash, bonds and equities (on an earnings yield basis), with the higher yield on offer in the cash space leading many investors to reassess their portfolio exposures,” De Pessemier said. {chart} “In fact, with cash yields offering compelling reward with little risk and with the balance of ... (full story)