| Major investors are sweeping their portfolios clear of commodities as they start to fret again that the Chinese economy could suffer a ‘hard landing’, hitting demand for the world’s raw materials.
Allocations to commodities among global fund managers have fallen to their lowest point in four-and-a-half years, according to a study of 231 money managers responsible for $661 billion worth of assets. One in four investors are now worried that a Chinese ‘hard landing’ is the greatest tail-risk – or known unknown – they face.............................................Full Article: Source
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