Economic Calendar

Friday, July 11, 2008

Commodity Investments Advanced 19% Last Quarter, Barclays Says

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By Stuart Wallace

July 11 (Bloomberg) -- Commodity assets under management rose 19 percent to $270 billion in the second quarter, a ``sub- optimal performance,'' Barclays Capital said.

Investment related to commodity indexes advanced 26 percent to $175 billion, ``all of which was due to price appreciation, as we estimate inflows remained largely flat,'' the bank said in a report e-mailed late yesterday.

Investments in commodity-linked medium-term notes and exchange-traded products climbed about 10 percent to $50 billion and $45 billion respectively, Barclays Capital said.

To contact the reporter on this story: Stuart Wallace in London at swallace6@bloomberg.net


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