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Primrose Hall

Will gold retain its luster for client portfolios?

After a year of record flows and strong performance, what's in store for gold in 2026? 

Gold made history in 2025, and the conversation around the precious metal has shifted.  As global debt climbs and geopolitical tail risks become embedded in the market regime, gold is evolving from a tactical hedge into a permanent pillar of the modern portfolio. We explore into the outlook and implementation ideas.

Session speakers

Todd
Todd Rosenbluth
Head of Research, TMX VettaFi
Todd Rosenbluth
Head of Research, TMX VettaFi
Todd Rosenbluth is the Head of Research at VettaFi. He oversees the firm's research into ETFs, product trends, and advisor behavior. He was previously the head of ETF & Mutual Fund Research at CFRA. Todd is frequently quoted in the financial press at outlets like Barron's, the Financial Times, Investment News, and the Wall Street Journal, and has spoken at various ETF conferences.
Plenary sessions
Plenary sessions
Portfolio strategies
Allison
Allison Bonds Mazza
Head of US Wealth, State Street Investment Management
Allison Bonds Mazza
Head of US Wealth, State Street Investment Management
Allison Bonds Mazza is a Senior Managing Director of State Street Investment Management, the fourth largest asset manager in the world, and Head of US Wealth. In this role, Allison is responsible for defining and leading State Street Investment Management's distribution strategy, including management of the external, internal and hybrid sales teams, as well as the national accounts, home office research, model portfolio and defined contribution teams, across all intermediary and direct retail channels. In addition, she serves as President of State Street Global Advisors Funds Distributors, LLC, and is a member of State Street Investment Management's Executive Management Group and State Street's Operating Group. Prior to her current role, Allison was Head of Private Wealth Management and Independent Wealth Management, leading the sales and national accounts teams across the wirehouse, regional broker dealer, independent broker dealer, private bank and RIA channels. Previously, she served in a succession of increasingly senior leadership roles, beginning with Private Wealth Regional Director, Western Divisional Director for the Independent Wealth Management Channel and finally Head of the Private Wealth Management Channel. She joined State Street Investment Management in 2008 as a Regional Consultant in Southern California. Before joining State Street Investment Management, Allison spent eight years with Prudential Investments where she held a number of client-facing positions, most recently Senior Vice President and Western Divisional Sales Manager for PGIM mutual funds and separately managed accounts (SMAs). Allison is a graduate of Cornell University, where she received a B.S. in marketing. She has earned the Certified Investment Management Analyst (CIMA®) designation as well as the Certified Private Wealth Advisor (CPWA®) designation. Allison is a founding member of the Southern California Chapter of Women in ETFs and maintains her FINRA Series 7, 66, 9, 10 and 24 licenses.
Plenary sessions
Aakash
Aakash Doshi
Global Head of Gold, SPDR ETFs, State Street Investment Management
Aakash Doshi
Global Head of Gold, SPDR ETFs, State Street Investment Management
Aakash is Global Head of Gold for the SPDR ETF business. He manages strategists in North America and APAC and is responsible for the investment outlook, thematic research, and go-to-market product strategy for the SSIM gold ETF suite. He interacts daily with clients, sales leadership, distribution channels, marketing, and fund sponsors. In addition, he collaborates extensively across the investments franchise in the macro, commodities, and alternatives space to provide thought leadership, client insights, and market updates. Prior to joining State Street Investment Management, Aakash spent over 13 years in the institutional sell-side research division at Citigroup, most recently as Head of Commodities Strategy for the Americas. He previously worked in credit derivatives trading at UBS Investment Bank, Asset Management Sales at Alliance-Bernstein, and began his career on the Short-Term Interest Rates Trading desk at GMAC. Aakash holds a Masters in Energy Economics, with distinction, from Columbia University.
Plenary sessions

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