July 30 (Reuters) - Total global commodity assets undermanagement (AUM) rose to $325 billion in June 2014 from $317billion in May 2014, Barclays Capital said onWednesday.
"We estimate that there was a small net inflow of around$300 million into commodity investments during June," the banksaid.
The investment bank said in a research note on the sectorthat investors have continued to withdraw assets from commodityinvestments on a quarterly basis despite a marked improvement inthe health of commodities as an asset class.
"Beta returns have improved, correlations with other assetshave fallen and costs of carry are positive."
Commodity AUM across exchange-traded products almost halvedover the course of 2013, but outflows have slowed significantlythis year and have even turned into inflows, Barclays said. (Reporting by Anupam Chatterjee in Bangalore; Editing by MarkPotter)