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Physical Gold, New Risk-Free Asset

KUALA LUMPUR, Jan 12 (Bernama) -- Institutional investors should start considering physical gold as a diversified asset portfolio, instead of equities and government bonds, says Aberdeen Asset Management Asia Ltd.

Its Director, Donald Amstad, said gold had proven to be the new risk-free asset now.

"Government bonds are no longer considered as risk-free asset due to the series of global uncertainties at present.....