Investor confidence in commodities slumps

The European sovereign debt crisis and fears of a slowdown in China's economy have dampened investor confidence, says a BarCap survey

The European sovereign debt crisis and fears of a slowdown in China's economy have dampened investor confidence across a number of asset classes, according to the latest Barclays Capital Global Macro Survey.

The survey, which interviewed 862 institutional investors this month, revealed that only 15% of investors viewed commodities as an attractive asset class compared to 41% in the first quarter.

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