In this commodities special podcast, David Donora, head of commodities at Threadneedle Investments reviews the potential price path formation across the commodities complex, re-visits portfolio allocations to commodities versus other risk assets, and shares his insights on why commodity markets continue to be well supported into the second quarter of 2014 driven by geopolitical uncertainty, weather-related disturbances and commodity-specific factors …
David has over 30 years of experience in commodity investing-trading, and is co-lead manager of Threadneedle’s Enhanced Commodities Fund and Long Only Commodities Strategy.
Listen to the complete feature “Commodities are [now increasingly] decorrelated to equities and negatively correlated to bonds.”
Or listen to selected sub-features
What is your macro outlook for the remainder of 2014 and how could this view reflect the curve volatility and price path development of commodities?
Could you elaborate on your outlook for base, industrial and precious metals, and on developments in the energy complex - Oil (Iraqi conflict), Natural Gas (Ukraine tensions).
What is your outlook on the price path development of coffee, cocoa and lean hogs?
What are some of the relative value opportunities inter and intra sector; and how are you positioned across the commodities complex?
Are you anticipating continued US dollar appreciation?
How is/will this condition portfolio construction?
From a historic perspective how have, and are, institutional portfolios currently allocated to commodities?
Are you seeing a shift towards higher allocations to commodities in institutional portfolios?