Commodity Assets at Record $412 Billion in March, Barclays Says
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Commodity assets under management rose to a record $412 billion in March, led by the biggest ever jump for agriculture products, Barclays Capital said.
Investment flows into raw materials for the first quarter totaled $16.8 billion, with $7.1 billion added to agriculture and $6.8 billion to energy, Barclays analyst Roxana Mohammadian Molina said in a report e-mailed today. Precious metals got $300 million, the smallest ever, Barclays said.