Funds burnt by earlier commodity slump want back in

SocGen expects asset managers to raise holdings this quarter

The year-old commodities boom is drawing the attention of some pension and mutual funds that got burned when the last rally fizzled more than five years ago. They want back in. After seeing the first annual return for raw materials since 2010, managers of long-term wealth in funds and endowments are raising stakes in individual markets or broader gauges like the Bloomberg Commodity Index and Standard & Poor's GSCI, according to Societe Generale SA and Barclays Plc.

Big investors are motivated by signs the world has finally escaped from the decade of limp economic growth and inflation that followed the global