In run-up to Dubai debacle, investors poured into commodity funds

Last week, Dubai World asked its bondholders for a six-month delay in payments. So far this week the plight of the government-linked developer has put Dubai, the United Arab Emirates, and frontier markets in a pickle. But whether it has any impact on fund flows remains to be seen. It was certainly unanticipated, because in the week ending November 25, the last day before the American Thanksgiving holiday, commodity sector funds took in over $1 billion for the second week in a row, ac…