Norikura Global published a survey concluding that investors will continue to invest in commodities in 2014, with cyclical commodities such as platinum, palladium, and industrial metals remaining favorites.
The results were compiled from a survey of 450 investment professionals conducted during the Norikura Global Annual Commodity Investment conferences. Polled attendees remarked that commodities remained a favored asset class in 2014 with nearly 20% of those polled ranking commodities as one of their top three picks.
Cyclical commodities, especially industrial metals were favored by investors. Platinum, copper and silver were the top three individual picks with platinum coming out well on top with 31% choosing it as their favorite, followed by copper at 26%. Silver followed suit with an average of 15% choosing it as a top performer in 2014. Gold also saw strong interest (with 13%) concluding the metal is still seen as a hedge against potential growth and financial risks in 2014.
The results confirm earlier predictions that if global economic growth remains on track, commodity performance will follow. Platinum and silver ETPs received the largest inflows in
2013 with USD $1.3bn and USD $841mn respectively as investors shifted away from gold towards commodities more positively correlated with the global industrial cycle.
Jiro Kimura, Head of Research and Investment Strategy at Norikura Global highlighted that:
“Most investors we surveyed indicated they are positive on the outlook for global growth in
2014. This likely explains their general bullishness towards broad commodities after three years of underperformance, with platinum and copper top picks. Gold also scored well, reflecting investors’ recognition that if the consensus growth story proves wrong, gold will likely perform.”
About Norikura Global
At Norikura Global we are experienced commodities and futures professionals offering state of the art services to Trading Advisors, Fund Managers, Individual Traders and Investors. Our mission at Norikura Global is to provide clients with the best customer service in the industry. Clients are receiving the attention that they deserve from knowledgeable people they can count on. Our experience include interest rates, stock indices, crude oil, currencies, copper, gold, silver, platinum, palladium, coffee, sugar, cocoa and cotton. Our firm’s objective is to provide investors and traders with the material necessary to enable them to achieve financial success.
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