Commodity assets face a record decline in value this year, as more than $88 billion had left the securities by November, reports the Globe and Mail, citing Barclays figures.
The drop is due to both investors withdrawing from the assets and dropping commodity prices, especially for gold.
Investors have withdrawn a net $36.3 billion so far this year. In total, commodities assets under management have gone from $420-billion at the beginning of 2013 to $332-billion at the end of November, according to Barclays.
The bank predicts 2014 will also be difficult for commodities.
Read more here.
Also read: