Commodity Assets Top $400 Billion in January, Barclays Says

Commodity assets under management rose to $430 billion last month, as prices climbed and withdrawals from funds slowed, Barclays Plc said.

The commodity sector “appears reasonably healthy” as it topped $400 billion for the seventh straight month, analysts Suki Cooper, Sha Luo, Kevin Norrish and Marco Corsi said today in a report. Assets under management tracked by commodity-index swaps rose to $136.7 billion in January, the highest since September 2012, report said.

“Inflation expectations are picking up again as policymakers signal greater tolerance of rising prices,” the analysts said. “This could also prove supportive for commodity investor flows.”

The Standard & Poor’s GSCI Spot Index of 24 commodities rose 4.5 percent last month, after climbing for four straight years.

To contact the reporter on this story: Yi Tian in New York at ytian8@bloomberg.net

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