The Silver Institute said that the volume of such a share is 4-6%. This data comes from a leading consulting firm.
According to a new study by Oxford Economics, a leading independent economic consulting firm, silver, being a special class of assets, should be considered a strategic investment within a portfolio consisting of different assets. The firm believes that investors will benefit greatly from the allocation of 4-6% of their capital for silver in their portfolio. This is well above the current volume of investment in silver by institutional and individual investors.
The firm's new report, "The Significance of Silver for a Multi-Asset Portfolio," which was commissioned by the Silver Institute, examined the volumes of risk-adjusted portfolio returns based on the different share of silver in the portfolio.
To find out the potential long-term benefits of owning silver in the portfolio, analysts at "Oxford Economics" compared historical silver yields against a number of traditional asset classes, including stocks, bonds, gold and other commodities, from January 1999 to June 2022. As a result, it was found that silver has a relatively low historical correlation with asset classes other than gold, and this indicates the important role of silver as a tool for diversifying the investment portfolio.
In addition, the firm identified the need to invest in silver, along with gold, in a multi-asset portfolio by conducting dynamic portfolio optimization simulations. The modelling was carried out in order to achieve risk-adjusted yield maximisation of a portfolio with different assets under different constraints to cover different investor risk attitudes. The authors found that during the specified historical period, the optimal volume of silver in the portfolio is 4-6%.