Investors have turned positive towards commodities for the first time since November, according to the latest Lloyds Private Banking survey.
The monthly Lloyds Bank Private Banking Investor Sentiment index measures net investor sentiment towards an asset class, showing the difference between those with a positive and a negative outlook for the next six months. Sentiment towards the sector currently stands at 3.24%, an increase of more than 8 percentage points (the biggest rise this month) from -4.8% in April. Emerging markets also saw a change in confidence from a negative -2.42% last month to a positive attitude of 1.97% for May. Investors continue to be most positive on gold and UK property, at 30.49% and 38.7% respec...
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