| Prolonged low inflation has sent commodities allocations among fund managers to a four-year low, according to a new survey. A quarter of respondents to the Bank of America Merrill Lynch's monthly poll on manager sentiment said a commodity collapse is the number one tail risk, an increase from 18% in April.
The panel of 231 managers, with a combined £432bn of assets under management worldwide, have responded to the perceived threat by reducing allocations to commodities and emerging markets and upping their weighting to bonds.............................................Full Article: Source
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