09 Jan 2020 3 min read

Oil and Gold. Risk business for 2020?

By John Roe

Beware the herd. Gold seems to be one of the most loved trade ideas right now, which for us is a warning sign and leads us to look elsewhere.

Equally, the market was very quick to discount US-Iran tensions, suggesting a high degree of common thinking there too. Here's why popular ideas worry us and what we think that means right now.


John Roe

Head of Multi-Asset Funds

With failed football dreams behind him, John applies the same level of enthusiasm to investing and how to improve outcomes by battling behavioural biases. He leads on oil research, but also gets involved in a wide range of macro topics. That love of variety also explains his craft beer fascination. Hard to shut up, he’s a regular guest on Bloomberg, a conference speaker and an LGIM Director. His analytical thinking benefits from being an Actuary with an economics degree and having previously worked as a strategist at RBS.

John Roe