Commodities

Commodities and resources have overtaken blue chips as investors' favoured sectors for the first time in over seven years, said the Association of Investment Companies.

The senior fund manager of the £141m City Natural Resources High Yield trust is stepping back from day-to-day management of the vehicle.

Neil Gregson has joined J.P. Morgan's global equities team as a portfolio manager.

First State manager believes understanding assets is vital to performance in resources

UK hedge fund Armajaro Holdings purchased £658m of cocoa on Friday, in a move which single-handedly moved the global cocoa market.

Renowned investment guru Jim Rogers continues to avoid investing in the UK, believing the country's "staggering" debt problems are unlikely to improve.

Threadneedle has launched a commodities fund for David Donora, the head of the group's commodities desk.

Allianz RCM's Michael Konstantinov has closed energy and commodity underweights as a result of rising prices.

Commodity funds have attracted a lot of interest lately, on the back of some very spectacular gains, writes Castlestone's Brad Yim.

Industrialisation and urbansiation in the developing world will lead to rise in global demand for energy, infrastructure and commodities