Commerzbank vidí komodity v 2008 pozitívne
Komoditný sektor bude podľa Commerzbank jedným z najlepšie prosperujúcich v roku 2008.
Commerzbank money managers believe the explosive rally in commodity prices ranging from wheat to gold will make this the top performing sector of 2008 and have positioned their largest fund of funds accordingly.
In light of the uncertainty over the global economic outlook and the ongoing difficulties in the credit markets, Commerzbank's Alternative Investment Group, which manages $540 million, is avoiding too much exposure to any one asset class.
But the stellar rise in the price of commodities from wheat to gold in the last two years, along with share-boosting merger and acquisition activity in the basic resources sector has made commodities the play for 2008.
Severe drought in many parts of the crop-growing world and booming levels of consumption in emerging economies have pushed the price of basic foodstuffs such as wheat, soybeans and corn to record highs. Adding to this is the development of green fuel technology that has unleashed record demand for a variety of soft commodities such as grains, vegetable oils and sugar to convert into biofuel -- a potential substitute for traditional fossil fuels.
"The one that is really in play at the moment is anything related to food," said fellow senior portfolio manager Edward Hands.
Zdroj: Reuters
03.03.2008
