10.08.2011 - Index funds and commodity prices
There has been a lot of growth over the last decade in funds that take long positions in commodity futures contracts in order to offer investors an asset that follows raw commodity prices. I've been looking into some of the data that have been used to measure the size of those positions. Hedge fund manager Michael Masters received a lot of attention in 2008 with his testimony before the U.S. Senate on the role that "financialization" of commodity futures markets may have played in the big increases in commodity prices being seen at the time..............................................Full Article: Source
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