| Commodities look set to underperform developed market equities for the third consecutive year in 2013, following ten years of outperformance. Slowing China growth, US Fed tapering jitters and rising supply expectations have been the main factors weighing on prices.
However, ETF Securities, a leading provider of exchange-traded commodities (ETCs) with almost $19 billion in assets under management, argues that 2014 will be a turnaround year for this laggard asset class. Nicholas Brooks, Head of Research and Investment Strategy at ETF Securities, believes that China’s adjustment from 10%-12% GDP growth rates to more sustainable 7%-8% growth rates is now largely factored into market prices...............................................Full Article: Source
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