Legg Mason affiliate says now is the time to buy into commodities

The firm asserted that the recent correction in commodities prices means investors should now begin to prepare and position portfolios for a market and economic rebound, although that remains at least two years away. Francis Gannon, assistant portfolio manager at the Dublin-domiciled Royce Smaller Companies fund, believes that the current environment has been presenting opportunities to find "bargins" that should drive growth for the next three to five years. Royce & Associates own research indicates that, over the last 12 months, the natural resources sector of the Russell 2000, whic...