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Funds lukewarm on commodities for 2014

Posted on 25 November 2013

Leading fund managers have little interest in most commodities next year due to worries about demand in top buyer China and slow global growth, but some are targeting platinum group metals due to supply concerns. Participants at the Reuters Global Investment Outlook Summit were downbeat on gold, expecting prices to extend losses or at best stagnate since inflation is an issue only for the long term.
Investment has been flowing out of commodities funds since the global financial crisis reduced demand, in a reversal of the previous boom years when funds piled into commodities to capture sizzling growth in emerging markets, especially China………………………………………..Full Article: Source


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