| While commodities are a controversial and problematic asset class to some investors, for others they are an ideal diversifier looking more attractive than ever. A mini-revival in commodity investing among US pension funds suggests the asset class may be enjoying a resurgence.
The Los Angeles Fire and Police Pension System, Municipal Retirement System of Michigan and Arizona State Retirement System have all recently upped their commodity holdings. Don Steinbrugge,managing partner of Virginia-based Agecroft Partners and investment advisory committee member of the $461-million City of Richmond Retirement System, says renewed interest in commodities is part of wider investment trends...............................................Full Article: Source
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