03.10.2008 - Investors mull commodity diversification
From Financial News: Institutional investors in the UK are increasingly interested in commodities investments, according to Lyxor Asset Management, which has surveyed 20 of the top 100 pension funds in the country. Lyxor's finding - that six of its respondents, or 30%, want to increase allocations to raw materials like oil, metals and food products in the next five years - chimes with calls from schemes' investment consultants for greater diversification of assets. The consultancy Mercer's annual asset allocation survey, which looks at 849 UK funds with total assets of €379bn ($532bn) also found increased appetite for commodities last year...... Full Article: Source