From Globalpensions.com: There are an increasing number of plan sponsors, foundations and endowments making strategic allocations to commodities. According to Standard & Poors (S&P), at the beginning of 2008, 78 US funds had positions in commodities.

Of the 70 funds that S&P provides details for, the total dollar value of all allocations was US$6.4bn, putting the average allocation at 2.7% of the funds under management….. Full Article: Source