View more on these topics

F&C manager rejects commodity concerns

F&C growth and income fund manager Ted Scott is dismissing fears that the commodities market is a bubble set to burst.

He says high demand has been driven principally by China and commentators arguing that the commodities market has peaked have overlooked the increase in China’s population and focused too closely on the country’s economic slowdown.

He says commodity prices in June were even lower than they are now and a positive set of interim results from mining companies in July and August sent share prices up signific-antly. He says weakness in oil and mining shares in October and early November was partly a response to the oil price fall- ing back to $55 a barrel and inevitable profit-taking after a strong run.

F&C has continued to inc-rease its exposure to resources firms, especially mining.

Scott says: “Despite fears that commodities have peaked, the demand for raw materials will continue to grow in the years ahead. High demand has been driven principally by China. The focus tends to be on the perceived slowdown in the country’s economic growth, the huge implications of demographic growth go overlooked.”


Hot property

Global property is a topical subject at the moment. There have been a spate of property-oriented funds launched recently so why have we picked the Skandia global property fund to talk about?

Correspondent’s week

This week by freelance personal finance journalist and author Sam Downes

Take directive action

Cardiff Pinnacle’s Keith Martin urges IFAs to start lobbying Brussels instead of complaining about the FSA

It’s too soon to write Apple off

By Ali Unwin, Chief Technology Officer & Fund Manager at Neptune Earnings season is noisy in the technology sector and a good quarter does not make a good investment. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives showing the rise or fall of companies. Our job as technology […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm