精准逃顶后，富达国际明星基金经理放话：金价再跌5%-7%将大举抄底

Core Viewpoint - The recent volatility in the global gold market has prompted Fidelity International's fund manager George Efstathopoulos to significantly reduce his gold holdings before a major price drop, but he plans to buy back in if the market experiences a 5% to 7% correction, believing that the medium-term structural uptrend for gold remains intact [1]. Group 1: Market Analysis - Efstathopoulos manages a portfolio of approximately $3 billion and noted that the core factors driving gold prices to historical highs have not dissipated, including persistent inflation and a weakening dollar [1]. - A recent survey by the Official Monetary and Financial Institutions Forum indicated that over half of the central banks surveyed plan to increase their gold reserves in the next 12 months to enhance risk resilience, which is expected to sustain demand for gold as a hedging tool [1]. Group 2: Fund Performance and Strategy - The fund managed by Efstathopoulos achieved a 20% return last year, with gold exposure constructed through diversified channels such as ETFs, ETCs, and gold mining stocks [2]. - Efstathopoulos plans to increase the gold allocation in his fund back to approximately 5%, aiming to strategically build positions during market corrections [2]. - Following a record gold price of $5,595.47 per ounce, Efstathopoulos reduced the gold allocation from 5% to about 3% due to market volatility related to potential Federal Reserve leadership changes, successfully avoiding a severe market correction [2]. Group 3: Future Outlook - Efstathopoulos is among the first prominent global fund managers to express optimism about gold's prospects following the recent price drop, with Deutsche Bank and other institutions maintaining a bullish outlook, predicting gold could reach $6,000 per ounce [5]. - Major Wall Street investment banks, including UBS and JPMorgan, have also expressed optimism for gold's future performance, with UBS forecasting a potential price of $6,200 per ounce by 2026 and JPMorgan setting a target of $6,300 [5].