| Investors are growing tired of commodities after plowing in the most money in seven years. Inflows into raw materials slowed to $2.4 billion in July, the least since money was withdrawn in December, Barclays Plc said in a report Thursday. The smaller amount -- not unusual for this time of year -- took investment to almost $51 billion so far in 2016, the most since 2009.
There’s a good chance raw-materials interest has peaked, as it has largely been driven by investors seeking a haven in precious metals, signaling wider concerns about commodity fundamentals, Barclays said...............................................Full Article: Source
|