Funds: Looking Past Era of Gushing Oil

International Herald Tribune – Howard Su’s Global Materials and Energy Fund, the first commodities fund in Taiwan, has more than tripled returns for investors in its two years.

Now, faced with flattening oil and metals prices, Su is buying stocks of bioengineered products and alternative fuels companies – shares that so far have lagged behind the commodities rally.

“We set out to profit from an imbalance in supply caused by explosive growth, in particular in China and India,” Su said in his Taipei office. “I knew it was time to start thinking outside of oil when the military conflict in Lebanon didn’t push crude prices through the roof.”
International Herald Tribune