Investors are being warned not to view commodities as a safe haven despite their recent relative success compared with equities and bonds.
AWD Chase De Vere says commodities remain a high-risk investment and a volatile asset class despite posting their best first-half returns in 50 years. The firm says short term speculation is pushing commodity prices upwards at a “tremendous” speed and says it is vital cautious investors in particular consult their IFA before shifting their investment capital. Anthony Coyte, head of investment steering group at AWD, says: “The first half of 2008 has seen commodity prices soar while bonds and equities have endured a torrid time. “It’s little wonder that many investors are wondering whether...
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