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Fund managers question commodities boom

Posted on 02 March 2011

From Efinancialnews.com: A survey of leading fund managers has highlighted doubts about the returns from commodities over the next five years, with those bullish about commodities prices halving since last year. According to the Towers Watson Global Survey which covers 141 investment managers with an average of $109.8bn under management, the number of fund managers saying they were bullish about commodities over the next five years fell from 71% in 2010 to 35% this year.
This comes despite the Super-Cycle Report, published in November 2010 by Standard Chartered, which said the global economy is in a third ’super-cycle’ driven by the industrialisation and urbanisation of emerging markets and global trade, leading to increased commodity demand that may prompt higher prices…………………………………….Full Article: Source

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