Mining for sweet returns: Are we on the cusp of a multi-year bull market in raw materials?

Deep Dive into commodities

Terry Farrow of Charteris Treasury Portfolio Managers

Terry Farrow of Charteris Treasury Portfolio Managers

Multi asset managers will need to pay much greater attention to commodities, and commodity-linked equities, for delivering alpha than has been the case in more than a decade.

Despite the significant back up in bond yields in the past month alone, fixed income assets remain grotesquely overvalued and at risk of entering a secular bear market soon. Equities in general look much more attractive as dividend yields remain higher relative to bonds while valuations, as measured by earnings and cashflow multiples, are reasonable, apart from US growth stocks.  Jupiter's Pidcock: Powerful bull markets are born in difficult times When comparing stockmarkets, UK blue chips offer even better upside due to their Brexit discount, which should close over time, while th...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Asia

Ingmar Przewlocka’s bullishness for the region is not only concentrated in the equities market, as he is also seeing attractive opportunities in the bonds space.

Schroders' Przewlocka places equity bets on Latin America in a bullish commodities play

Low valuations and surging energy prices

clock 24 June 2022 • 2 min read
"Historically commodities have performed well amidst a rising inflationary and a higher interest rate environment"

Commodities Deep Dive: Time to cop some copper?

Sector is up 8.5% this year

clock 24 June 2022 • 6 min read
Amazon shares are down 40% from its peak

Growth stock pickers feel like 'a kid in a candy shop'

'It is time to go shopping'

clock 22 June 2022 • 4 min read