Astmax backs commodities to outperform stocks in 2011
The Japanese hedge fund is bullish on copper, grains, palladium, rubber and soy beans, and is launching new strategies to take advantage of investor demand for the asset class.
It's not surprising for a dedicated commodity investor to talk up the grains and metals markets, but plenty of people agree with the views of Tetsu Emori, Tokyo-based fund manager for commodity-focused asset manager Astmax.
He argues that 2011 will be a good year for equities, but an even better one for commodities – interesting, since high commodity prices tend to be bad for the stock market overall.
Indeed, an online AsianInvestor poll carried out in early February showed sim…
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