Total assets under management in commodities climbed to $390 billion in August from $385 billion in July, according to Societe Generale research, Reuters reports. The rise in assets was owing to higher precious metals prices.

Commodities witnessed net outflows of $3.7 billion in August. About 48 percent of total commodity investments came into precious metals which, along with their price increases, were sufficient to offset outflows and impact of other commodity price falls.

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