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Latitude Horizon dumps gold as hedging characteristics fade Added eight new equity positions in 2020 Latitude IM s Freddie Lait Gold no longer hedges equity risk in portfolios, Latitude Investment Management’s Freddie Lait has said, having recently sold his allocation to the precious metal in an unusually busy trading year. Lait said 2020 had presented an incredible opportunity for single-stock investors to snap up shares in businesses that have been trading very, very cheaply . After adding just one new equity position. To continue reading. Tel: +44 (0)1858 438 427 Register Now Investment Week helps enlightened investment professionals to grow revenues and manage risk by reading the market more astutely via this industry leading title. ....