11.06.2015 - Inflation fears drive commodities stakes
Multi-managers are tip-toeing into commodities to protect their funds against an anticipated uptick in inflation. Expectations have increased in recent weeks that inflation could rise more quickly and higher than previously anticipated. Bank of England governor Mark Carney has predicted a 1 per cent rate by the end of the year. The fears about rising prices come as the UK registered its first negative consumer prices index (CPI) reading since 1960 last month. While strategic bond managers have been buying up inflation-linked and shorter-dated bonds, multi-asset managers have favoured commodities...............................................Full Article: Source
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