Commodity investments and currency hedging are at the top of the agenda for the world’s largest investors, as a survey by Oxford Economics and State Street reveals they are increasingly favouring alternatives.

Some 68% of sovereign wealth funds and 64% of state pension schemes told researchers that they would increase their commodities holdings in the next three years. Additionally, 60% of SWFs said they would increase their hedge fund allocations, while 88% of state pension schemes said they would increase real estate holdings.