Fund Managers Burned by Last Commodity Slump Want Back In
- SocGen expects asset managers to raise holdings this quarter
- Barclays says buyers may add direct investments to indexes
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The year-old commodities boom is drawing the attention of some pension and mutual funds that got burned when the last rally fizzled more than five years ago. They want back in.
After seeing the first annual return for raw materials since 2010, managers of long-term wealth in funds and endowments are raising stakes in individual markets or broader gauges like the Bloomberg Commodity Index and Standard & Poor’s GSCI, according to Societe Generale SA and Barclays Plc.