Third of institutional investors up commodities exposure

The Société Générale-owned subsidiary, found 30% of those surveyed among 20 of the top 100 pension funds in the UK this September, intend to increase their allocation. Approximately 15% of institutional investors currently invest in commodity-based investments, with this number doubling by 2013, says the firm. Lyxor believes commodities are increasingly being used by investors for diversification purposes, as well as other functions, such as inflation hedging. It says it has seen increased interest in its own commodities ETFs in recent weeks and since launch in January 2006, assets und...