25.04.2012 - Commodities not your run-of-the-mill hedge: Highbridge PM
Still on the fence about commodities? Mark Nodelman, a portfolio manager who leads the commodities investing team at Highbridge Capital Management LLC, a $25 billion asset management firm, said there are a number of reasons to invest in raw materials. At the top of the list: diversification, inflation protection and exposure to emerging economies He said that commodities function as a portfolio diversifier, noting: "Historically, commodities have had very unstable correlation to broader asset classes, from negative to positive." He added: "In a major economic or political event, commodities may respond differently than your overall portfolio."..............................................Full Article: Source
Print