Dip in commodity prices is healthy, says Castlestone

Alternatives specialist Castlestone claims the recent dip in commodity prices is a healthy correction...

Alternatives specialist Castlestone claims the recent dip in commodity prices is a healthy correction after reaching excessive highs. Managing principal Angus Murray said the asset class should still be an attractive long-term investment and is pleased several commodities are returning to justifiable valuations following massive inflows. “From a position of investment today, there is a lot less excess in prices and a lot more credibility,” he added. “It is good to see the prices ironing out and return to their fundamental long-term valuations. Crude has fallen back to $120, which is mu...