Barclays Capital is planning to team up with sovereign wealth funds to buy natural resources assets including mines, oilfields and power plants. The move signals new appetite for physical commodities amid a revival in prices, and would see the bank opening its natural resource investment unit to outside investors for the first time. Barclays has invested $1bn in the unit over four years and is now in advanced talks for a $400m investment from South Korea’s Natural Resource Fund.

This entry was posted by Gwen Robinson on Monday, September 7th, 2009 at 4:57 and is filed under Capital markets, Commodities. Tagged with Barclays Capital. Edit this entry.