20.10.2008 - Australia: Investor interest remains high in commodities
From Marketoracle.co.uk: Total commodity assets under management (AUM) fell in the September quarter for the first time since 2003, although the pace of the fall in commodity prices in recent weeks means that this it may come as a surprise. The fall was reasonably substantial, with Barclays Capital group estimating AUM now stands at US$211 billion compared to US$270 billion at the end of the June quarter. But the important point to note, according to Barclays, is the fall doesn't reflect outflows of capital from the sector, as on its numbers outflows were broadly matched by inflows during the period. This means the fall is due almost entirely to falling prices across the commodities sector..... Full Article: Source
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