God help us, the RBA thinks so:
God help them, so does PIMCO:
- Commodity asset class returns tend to go through cycles of positive and negative performance, which largely coincide with economic growth cycles.
- Despite the most recent performance challenges, commodities still offer the potential benefits of providing inflation protection, improving portfolio diversification and enhancing risk-adjusted returns.
- Investors can look to supplement the return potential of commodities by selecting managers with a proven history of delivering alpha in this asset class.
