Commodity prices posted substantial gains since September 2010. Which commodity sub group do you expect to perform best in 2011?
Cédric Spahr, CAIA, is the author of the March Member Poll. A CAIA member since November 2007, he recently gave a presentation on "How to Apply Behavioral Finance Insights to Investment Management" at a CAIA Switzerland Chapter event.
Precious metals, as excessive monetary creation by major central banks concerns investors with monetary debasement
22%
Oil, as global growth remains in an uptrend and energy demand is strong
23%
Industrial metals like copper, reflecting strong demand from China and other emerging markets
16%
Agricultural commodities, fueled by strong demand in emerging countries, crop failures and quantitative easing
38%
Member Spotlight
Timothy Fox, CAIA, has joined Timbercreek Asset Management as an analyst in the Real Estate Operations and Development team.