Investors are rethinking their commodity allocations after the asset class recorded both the best, and worst performance in the first quarter of 2017.
Money has been pulled from the sector owing to slower growth in China, an unstable oil price and president Trump’s failure to deliver on pre-election inflationary rhetoric.
However ETFs tracking commodity indices saw estimated inflows of $997 (£78.5) 8million for the week ending June 7 compared to estimated outflows of $458 million in the previous week, according to the Investment Company Institute in the US.
