Cazenove's Marcus Brookes and Robin McDonald have bought back into commodities for the first time since the financial crisis, snapping up funds which have sold off sharply on the back of tumbling commodity prices.
Former Investec energy portfolio manager Jonathan Waghorn has joined Guinness Asset Management.
Gold funds were standout winners in August as investors' appetite for risk waned amid concerns of a tapering of monetary stimulus in the US and potential military action in Syria.