New recommendations for the fund industry in Australia are likely to be considered alongside tax-rule changes proposed in December, says Geoff Weir of the Australian Financial Centre Forum.
An apparent change in behaviour by these institutions may be affecting investors' approach to the metal, according to the World Gold Council's 2009 report.
Investors have turned far less bullish on China and Europe, amid a global drop in risk appetite, according to Bank of America Merrill Lynch's February fund-manager survey.
