Goldman tips commodities


Overweight view: The Goldman Sachs office in downtown Milan, Italy. It expects commodities to outperform equties and other classes next year. — Reuters

SINGAPORE: Commodities will bring better returns than other assets in the long run, according to Goldman Sachs Group Inc.

Strong global demand growth across raw materials reinforces the case for owning them, the bank said in a Dec 11 report, maintaining its 12-month overweight recommendation on commodities.

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