Story by: Jim Robinson, Investment Adviser
Falling demand for oil and gas and slowing growth in developed markets due to rising inflation has led Credit Suisse Asset Management's Marcus Hankey to take a dim view of commodities.
The BlackRock Gold & General onshore fund has not yet exceeded its capacity despite having £1.5bn under management, according to Standard & Poor's.
Currency investors have been taking advantage of last week's falls when the pound sterling suffered its worst fall against the dollar since 1971, with a dramatic increase in trades.
Natural resources fund managers are still largely bullish about the price of oil despite recent falls in the market.
Oil prices will remain high, continuing to trade within the recent US$100-140 price range, Alliance Trust has claimed.
Commodities, and oil in particular, remain a favourable investment despite recent market corrections, industry analysts have predicted.
The FTSE 100 Index has fallen by 39.30 points today (Thursday 24 July) as a decrease in oil prices trimmed some of the previous shares gains.
ETF Securities recorded its biggest one-day, exchange-traded commodity inflows last week despite chart-topping management fees for ETCs across Europe.
Santander UK Growth fund boss believes the time is nearly right for cut price deals
ETF Securities saw record inflows into its Exchange Traded Commodities platform yesterday (15 July) as equities continued to lose value on the FTSE 100.
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