Tim Guinness has hiked his 2013 oil price forecast by 10% as he becomes less concerned about the prospect of oversupply in the coming years.
2012 was a particularly tough year for some sectors, notably commodities and gold, as fears over global growth weighed on demand for materials.
Peter Webb, the manager of the two worst-performing funds of 2012, has described his frustrations in trying to sell many of the "illiquid" positions he inherited on the portfolios, and his hopes for a turnaround in performance this year.
Demand for gold coins and bars has fallen by a third, year on year, from a record high in 2011, according to the World Gold Council.
The merger of Glencore and Xstrata to form the world's largest mining company has finally been approved by shareholders, but has claimed the job of Xstrata chairman Sir John Bond in a row over pay.
Investors have a number of instruments open to them as ways of protecting against inflation, but what are the most important questions when deciding which method to choose?