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Managers make record increase to commodity allocations

Posted on 17 March 2016

Fund managers made their largest month-on-month increase in commodities allocations on record in March, the Bank of America Merrill Lynch fund manager survey shows. Allocations to commodities have jumped to a nine-month high, rising to a net 13 per cent underweight from a net 29 per cent underweight last month.
The rise is the biggest month-on-month jump on record since 2006, the survey finds. Allocations to real estate also jumped to a net 11 per cent overweight from a net 1 per cent overweight in February………………………………………..Full Article: Source


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