28.06.2013 - Commodities investors focus on fundamentals as ebbing correlation brings market 'sea change'
A new survey from Credit Suisse finds investors are focusing on fundamental strategies to generate benchmark beating returns as the correlation between commodities and other asset classes breaks down. Credit Suisse conducted the survey as part of its third annual New York City Commodities Day on Tuesday, June 25, attracting about 300 clients covering a wide cross section of hedge funds, institutional investors, distributors and mutual funds to showcase the bank's competitive differentiation in areas ranging from energy and metals to investor products and business servicing. "To have this kind of turnout on a day during a week of extreme market turbulence is a testament to Credit Suisse's ability to deliver the type of products and thought leadership that top investors are looking for," said Oscar Bleetstein, Head of Americas Institutional Sales for Commodities at Credit Suisse. "The market is in a sea change and across the bank we're providing investors with new products to meet the challenge." (Press Release)