After significantly underperforming all other global asset markets for three years running, it seems as if commodities are poised for a positive turn -- a stumble toward normality -- as we approach the middle of the second quarter of 2016.
Benchmark commodity prices are up 7% this year while Citi estimates that commodity assets under management jumped 27% in the first quarter to around $315 billion, the highest level since last May. Money flowing into commodities markets has surged to record levels this year on a more optimistic outlook for fundamentals.
