The commodity cycle is far from over according to RCM. Despite price falls in oil and other asset classes during recent weeks chief executive officer for Asia-Pacific Mark Konyn believes the asset class, and oil in particular, is likely to continue to be a profitable area of investment because of a stark supplydemand imbalance.
Despite oil dropping to its lowest level for six months in the middle of last week, Konyn believes this is far from the end of its super-cycle. At the same time a supply and demand imbalance is likely to continue, and RCM is not looking to invest in companies that are facilitating the rectification of the supply gap.
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