Risk Analysis – Gilts vs. Equities Are gilts riskier than equities? Guest contributor Steve Williams explores the risks associated with each asset class and explains why he thinks, from an investor’s perspective, the question is misplaced. With yields at historically low levels, many are asking whether gilts are riskier than equity investments. Steve Williams thinks there are no reasonable grounds for thinking they are, urging investors to look instead at the benefits of holding both in a diversified portfolio. The gilts vs. equities article compares the risks associated with gilts and equities along two dimensions, namely Idiosyncratic (non-market) risks and…