JOIN US FOR OUR 7TH ANNUAL COMMODITIES SEMINAR! Managing Commodities in Modern Times: Hard-Won Lessons After 160 Years of Trial & Error S&P Dow Jones Indices invites you to this half-day complimentary seminar which has become Europe’s annual meeting point for commodity aficionados for close to a decade. Join us and other leading industry professionals Read more […]
After two months of deflation, headline CPI (Consumer Price Index) gained 0.1% in May, marking its second positive reading in at least the past seven months. Over the past 12 months, CPI inflation is up 1.4%, accelerating from April’s 1.1% reading. http://www.bls.gov/news.release/cpi.nr0.htm Historically, commodities as an asset class have had positive correlation to inflation. In the Read more […]
On April 15, 2013 the S&P GSCI Precious Metals dropped 9.6% in one day, entering a bear market from the 2013 high occurring on January 23. Since then, the index has fallen further to hit its lowest level of 1733.52 since October 1, 2010 when it was at 1717.53. The precious metals index is down 20.1% YTD, and Read more […]
http://www.pensionsage.com/pa/a-safer-bet.php Read the article in PensionsAge by Peter Carvill, looking at the shifting commodities landscape. In recent decades, investment by pension funds into commodities has been seen as something approaching what may be described as a way to counter-balance the risks from traditional stocks and bonds. As The Role of Commodities in an Institutional Portfolio states: Read more […]
A performance review on the two major commodity indices in the market — the S&P GSCI and DJUBSCI. Find out the main themes that has been driving commodity performance since the beginning of 2013.
Year-to-Date S&P GSCI is off 6.81% S&P GSCI Gold had its biggest one day loss ever,-9.3%, on April 15, 2013, since its inception on Jan 6, 1978, and hit its lowest level since Feb 2, 2011. The decline was due to worries about central bank sales, especially from Cyprus, but also, from the Fed winding Read more […]
Year-to-Date Dow Jones-UBS Commodity Index is off 5.41% Gold, the commodity with the heaviest 2013 target weight in the DJ-UBS CI, no longer is the most heavily weighted commodity in the index, falling from 10.8% to 9.5% since the beginning of the year. The DJ-UBS CI Natural Gas Subindex, the best performer YTD, has now Read more […]