Psigma's Rory McPherson on the contrarian case for commodities

Investing through futures

Commodities are an asset class which is piquing our interest and one we are looking to make a contrarian investment into.

It has been an absolute dog in terms of performance over the past nine years - a period where pretty much every asset class going has made money - good money in most cases.  Our view is very much that now could well be a time for commodities to shine once more and are looking to make an investment via a fund that invests in commodities futures.  We believe they are an excellent late-cycle investment; reacting favourably to positive real economic growth as opposed to financial assets which react more to expectations of future economic growth.  Four reasons underperforming gold equit...