16.10.2008 - With commodities boom waning, what’s in store now for some of its greatest beneficiaries?
From Allaboutalpha.com: Canadians aren’t naive. They know why the global hedge fund community has beaten a path to their door over the past few years. It starts with “energy…” and ends with “…and basic materials”. While they bristle at moniker “hewers of wood and drawers of water”, Canadians have been the beneficiaries of a global energy and basis materials boom for several years. And as the Chairman of AIMA’s Canadian chapter, Phil Schmitt, argued last year, that’s okay with them - as long as investors stick around after the boom. Well, the energy and basic materials boom seems to be taking a bit of breather right now...... Full Article: Source