Commodity assets under management rebounded in January to $366.8 billion, Societe Generale (GLE) SA said.
Assets climbed in all sectors except for energy, the bank said. Exchange-traded products in February signal assets under management were up again to $192.3 billion, it said. Precious metals should benefit from “aggressive monetary policy” this year, while March figures could see more interest in oil and index-related products “as direct and indirect oil concerns become increasingly important for investors looking to protect themselves from oil risks as well as broader inflation risks.”
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