baccaratstar| Hua 'an Fund Xu Zhiyan: Gold must be slow money is an opportunity for a big cycle

Theme: 2024 Fund High-Quality Development Conference: Hundreds of big names gathered to discuss new investment opportunities

May 18baccaratstar, Sina Finance 2024 Fund High-Quality Development Conference grandly kicks off! Regulators, top-class economists, more than 20 public fund leaders, nearly 100 fund managers, and nearly 30 popular financial Vs gathered in PengchengbaccaratstarTalk about the development of the fund industry and new opportunities for fund investment!

The theme of this fund's high-quality development conference is "Helping new quality productivity to work together for high-quality development." Under the guidance of the "Nine Principles of New China", the capital market has become a key platform for corporate financing and promoting economic transformation, while new productivity is the core driving force for the economy to develop towards high-quality, efficient, fair, sustainable and safe. At this event, Dou Yuming, Wang Fan, Qi Bin, Wang Yiping and other asset management industry leaders; Liu Yuhui and other top economists; Guo Lei, Liu Chenming and other seller research leaders; Liang Xing, Wang Qunhang, Li Wenliang and other investment research celebrities came to the site, and hundreds of important guests gathered to witness the industry honors, discuss future investment trends, and ponder how to help new quality productivity!

Xu Zhiyan, assistant to the general manager of Hua 'an Fund and senior director of the Index and Quantitative Investment Department, attended the meeting and said at the roundtable forum that the biggest change in gold is that central banks around the world have purchased large amounts of gold in the past three years, which is unique in the past 15 years of gold history. In 2022, the central bank bought 1100 tons and 250 tons in the first quarter of this year. Everyone feels that we don't buy much gold, but only 3600 tons of gold can be produced, and most of the gold is still intact. So there is huge central bank demand.

Will gold push to a high point? After the Federal Reserve continues to raise interest rates, it must bring about a major adjustment in monetary policy, and it must be cyclical. This is an opportunity for a large monetary cycle to ease, and gold is an opportunity for a large cycle. This trend is not simply defined by gold prices. Everyone invests in gold not in stocks. Don't think about using gold to make quick money. Gold must be slow money. Gold is a very good allocation variety.