Bloomberg News

Commodity Assets Rose to $366.8 Billion, Societe Generale Says

March 12, 2012

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.”

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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