Having underperformed and failed in their role as an effective hedge against inflation, commodities have been suffering enormous funds retractions from investors.
Last year, commodities hedge funds had the worst performance in a decade and lost 20% of their assets after investors withdrew large sums, reports FT.com.
The negative investor sentiment for the asset class if further reflected in pension funds’ decision to pull out almost $10 billion from commodity indexes.
Also read:
The proportion of women CEOs in the CSA's sample remains 5%, as in the past three annual reports
BMO tops equity league tables, RBC leads debt rankings
Industry watchdogs can't "sit in an ivory tower" as they push for industry change, said Stan Magidson
Clients satisfied with advisors, despite fewer fee and suitability discussions
Help clients get the maximum benefit from these accounts
Laurentian Bank has announced further executive shifts following its leadership change earlier this month
Ontario court allows U.S. shareholders to pursue both cases
Report finds the technology is being used to segment clients and generate insights