May 5 (Bloomberg) -- AMP Capital Investors, which manages close...

May 5 (Bloomberg) -- AMP Capital Investors, which manages close to $100 billion, is plowing cash into commodities anticipating stronger demand as the global economy improves, fueled by growth in China.

The company yesterday switched from an “underweight” allocation in commodities future contracts to “overweight,” said Nader Naeimi, an AMP investment strategist in Sydney.

“Yesterday we made a significant change,” said Naeimi. “The main reason is that we are seeing a clear recovery in China. Even though demand for commodities is quite low now, we’re moving to an environment where it will become very strong. This is about economic fundamentals.”