Credit Suisse Client Survey: More Investors Expect to be Overweight Commodities a Year From Now; Fundamental Trading Seen Best Bet - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Credit Suisse Client Survey: More Investors Expect to be Overweight Commodities a Year From Now; Fundamental Trading Seen Best Bet

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SOURCE Credit Suisse AG

NEW YORK, June 27, 2014 /PRNewswire/ -- A new survey from Credit Suisse shows that a rising number of investors expect to be overweight commodities a year from now, with fundamentally based directional trading remaining the best way to maximize returns.

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Of those asked, 42% said they expect to be overweight in 12 months, up from 19% who felt the same way a year ago, while 28% said they are currently overweight commodities, according to the survey conducted at the 2014 New York City Commodities Day on Tuesday, June 24. The event drew a record attendance of more than 350 clients from a wide cross section of hedge funds, institutional investors, distributors, consultants, family offices and mutual funds.

"If intentions translate into action, the next 12 months could be much more positive than the preceding 12 months," said Tom Kendall, Global Head of Commodities Research at Credit Suisse. Added Oscar Bleetstein, the bank's head of Americas Institutional Sales for Commodities, " This clearly shows that the buying interest is out there."

Some other results of the survey:

  • 53% of respondents said the best opportunity to extract alpha over the next year is in "fundamentally based directional trading."
  • 52% of participants said their rational for being in commodities was pure alpha, a percentage that's steadily risen during the last 3 years.
  • 71% of respondents say commodity volatility will rise from record lows in the next 12 months.
  • Energy remains an investor favorite for a second-straight year, with 40% saying they see it is as the sector with the best 12-month outlook.
  • 40% identified timing as the biggest challenge for investors. This comes amid a dissipation of other traditional challenges that range from correlation with other asset classes to negative roll yield, high volatility and regulatory changes.

For a complete set of the survey results, please contact Credit Suisse Media Relations.

Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 45,600 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

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