Where are we in the commodity cycle?

Evolution of the current business cycle a boon

clock • 3 min read

Rising trade tensions with China have dominated headlines and led to heightened volatility across risk assets, writes Ben Ross, portfolio manager of the Cohen & Steers Active Commodities fund.

The global economy is heating up and inflationary pressures are building, which means it is certainly an interesting time for commodities, given that the asset class is commonly used to hedge against inflation. 7IM returns to broader commodities for first time in five years but shuns gold Below, I look at where we are in the commodity cycle, and which macroeconomic themes are the biggest driving forces behind the asset class at the moment.   Stunted oil supply growth  Energy-related capital spending in North America is expected to increase this year, with much of it taking place ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Trium Capital's Tom Roderick: The bull case for yellow metal miners

Trium Capital's Tom Roderick: The bull case for yellow metal miners

Investor concerns 'misplaced'

Tom Roderick
clock 12 November 2024 • 5 min read
First Eagle Investments' Max Belmont: Gold as a strategic portfolio asset

First Eagle Investments' Max Belmont: Gold as a strategic portfolio asset

'Potential hedge for investors'

Max Belmont
clock 23 October 2024 • 3 min read
HL's Derren Nathan: Oil and gold prices have spiked as Middle East tensions reach boiling point

HL's Derren Nathan: Oil and gold prices have spiked as Middle East tensions reach boiling point

'$100 mark not out of the question'

Derren Nathan
clock 04 October 2024 • 4 min read
Trustpilot