13.10.2008 - Fervour for commodities wanes as gains vanish
From FT: According to its enthusiastic proponents, diversification provides the only free lunch in investing, promising to lower the volatility of a portfolio without necessarily lowering returns. For the first half of 2008, it seemed as though adding commodities to a portfolio offered not just the free lunch but extra helpings of pudding as well, as oil, grain and industrial metals all soared. Since then, however, many commodity indices have given up most of those gains and some investors are getting cold feet..... Full Article: Source
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