RE: Expect this to accelerate soon30 Sep 2024 21:49
Investors' allocation to metals sector seen growing
Mon, 30th Sep 2024 17:52
LONDON, Sept 30 (Reuters) - Allocations by investors to the metals sector is low and has a big potential to grow in coming years as the energy transition takes hold, a London Metal Exchange (LME) event heard on Monday.
Commodities are seen as a hedge against inflation and even though interest rates are being cut, inflation is expected to settle at higher levels than in the past, said Aline Carnizelo, managing partner at Frontier Commodities in Switzerland.
"From the perspective of a pension fund, if you want an inflation-adjusted return, you need a pocket in commodities," she told the LME Seminar.... more
https://www.lse.co.uk/news/investors-allocation-to-metals-sector-seen-growing-uuoa0ox30mgh8kt.html