Assets languishing in dog funds nearly halves amid pressure to justify value for money
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Dog funds shed assets | International Adviser
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IW Long Reads: The commodities supercycle - Is a climate change revolution fuelling optimism for markets?
How has the pandemic affected oil, mining and metals sectors?
Sam Shaw
More than a year ago, since much of the UK went into its first national lockdown, a palpable optimism is fuelling commodities markets.
Populations are collectively champing at the bit to return to a life involving travel, leisure and consumption against a backdrop of extraordinary levels of fiscal stimulus and loose monetary policy designed to help a post-Covid economic recovery.
Add in the additional tailwind of a climate change revolution comprising massive green infrastructure spend and it is little wonder calls were heard along Wall Street of a commodity supercycle on the horizon, with Goldman Sachs, Bank of America and J.P. Morgan among the more bullish voices.