Wednesday, August 25, 2010

Agribusiness equities to grow in long term

KUALA LUMPUR: Agribusiness is expected to continue on an upward trend in the long-term as growing global population and limited agricultural land lead to increase demand for commodities and consumer products, said Deutsche Asset Management (Australia) Ltd.

Its director Bill Barbour said on Wednesday, Aug 25 that the global agribusiness - which encompasses everything from agricultural commodities to consumer products - will grow in the long-term, 'even though we see some volatility in the short-term due to its cyclical nature'.

'However, inevitable factors such as the diminishing agricultural land and global would drive increasing demand for food across the chain,' he said at a briefing on 'How food scarcity makes compelling investment opportunities' organised by AmInvestment Bank Group.

No comments:

Post a Comment