Late last year, Schroders made an uncharacteristic move with a bullish call on energy and metals. With commodities from aluminum to oil surging, that bet is looking pretty good right now.
Commodities is “not an asset class that we’d naturally gravitate to,” said Alastair Baker, a portfolio manager at London-based Schroders, which oversees $88 billion. “Having had very strong growth in equities last year, it’s time to diversify your portfolio and cast your net more widely, given where we are in the economic cycle.”
Schroders isn’t alone. Money managers have almost tripled combined net-long positions across 18 U.S.-traded commodities in 2018, after cutting those bets by 61 percent in 2017, government data show. Assets in exchange-traded funds linked to commodities have jumped to $147 billion in 2018, up from $142 billion last year and a seven-year low of $87 billion in 2015.
Signs of synchronized global economic growth are boosting the demand outlook for industrial metals amid disruptions to supply, helping push the Bloomberg Industrial Metals Subindex Total Return to a five-year high last week. The Bloomberg Energy Subindex Total Return climbed to near the highest since 2015 amid geopolitical tensions that threatened to further tighten the market.
Best Energy Stocks For 2019: Bankwell Financial Group, Inc.(BWFG)
- [By Shane Hupp]
Bankwell Financial Group Inc (NASDAQ:BWFG) EVP Laura Waitz sold 1,265 shares of the company’s stock in a transaction on Friday, September 7th. The shares were sold at an average price of $31.30, for a total value of $39,594.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Bankwell Financial Gr (BWFG)
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- [By Joseph Griffin]
Great Southern Bancorp (NASDAQ: BWFG) and Bankwell Financial Group (NASDAQ:BWFG) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their risk, profitability, earnings, dividends, analyst recommendations, valuation and institutional ownership.
Best Energy Stocks For 2019: Valero Energy Partners LP(VLP)
- [By Max Byerly]
Valero Energy Partners (NYSE:VLP) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
- [By Matthew DiLallo]
Many of the best dividend growth stocks give their investors a raise each year. However, some companies take that to another level by handing their investors more money every single quarter. Three companies with a history of putting more money into their investors’ pockets every three months are Shell Midstream Partners (NYSE:SHLX), Western Gas Partners (NYSE:WES), and Valero Energy Partners (NYSE:VLP).
- [By Shane Hupp]
US Capital Advisors downgraded shares of Valero Energy Partners (NYSE:VLP) from an overweight rating to a hold rating in a report released on Friday morning, The Fly reports.
Best Energy Stocks For 2019: PIMCO 25+ Year Zero Coupon US Trs ETF (ZROZ)
- [By ]
My preferred fund here is Vanguard Extended Duration Treasury ETF (NYSE: EDV), which owns a basket of long-term, zero-coupon bonds. It’s better-known, larger, and, most important, cheaper than its competitor PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSE: ZROZ). Both are poised to rally if deflation hits and the stock market falls. But EDV is cheaper, at only 0.07% expense ratio, compared with ZROZ’s 0.15%, and so it’s the one that makes the cut.