| 19.05.2011 - Merrill Lynch cautions over commodity price fears |
| Bank of America Merrill Lynch has cautioned against gloom in risk assets, such as commodities, after fund managers cut their exposure to the sector to the weakest for eight months amid nascent fears of a price collapse. The proportion of portfolio managers overweight in commodities is only 12% higher than those underweight, as they cut commodity positions "sharply" over the last month, a survey for the bank showed..............................................Full Article: Source |