Interest in a range of physical markets has been picking up among a group of investors who see themselves less as speculators and more as portfolio builders looking to spread risk beyond stocks and bonds. This often follows a period where equity markets and fixed income move in ways that feel correlated, diverging from the complementary relationship many investors expect, and leaving people looking for assets that respond to entirely different forces. Commodities, being tied to physical supply chains, weather patterns, and geopolitical changes, provide a form of exposure that…
Read More