UPDATE 1-Commodity investment grew $4.8 billion in June -BarCap

* June inflows powered by return of investors
* Q2 records worst commodity investment flow

July 20 (Reuters) - Net investment inflows into commodities
rebounded in June to $4.8 billion, from net outflows of $9.1
billion in May, as investors returned following a slump in
commodity prices, investment bank Barclays Capital said on
Friday.
"A modest rebound in June came too late to stop Q2
registering as the worst ever for commodity investment flows
with a net outflow of $5.3 billion," the bank said in a note.
The bank said commodity assets under management (AUM)
dropped $31 billion from the first quarter to $404 billion in
the second quarter.
The precious metals sector received a large $3.2 billion
inflow in June, followed by energy, with an inflow of $1.1
billion.
"The commodity with the largest exposure in ETPs
(exchange-traded products), gold, experienced its strongest
month in June since February this year with flows of $2.2bn and
AUM closing June at $125bn," Barclays said in the note.
Agriculture and base metals also recorded inflows of $400
million and $100 million, respectively.
Commodity-linked ETPs received the highest inflows of $3.2
billion for the month, while commodity indices gained $1.2
billion in fresh inflows. Inflows of commodity medium-term notes
slumped to $382 million in June.

Following is a breakdown of commodity assets under management in
billions of dollars, according to Barclays Capital:

Jun-12 May-12 Q1-12 2011 2010
Total 404 393 435 399 380
Indices 125 120 141 137 155
Exchange-traded products 200 195 217 187 160
Medium-term notes 79 78 77 75 55

Jun-12 May-12 Q1-12 2011 2010
Total 404 393 435 399 380
Precious metals 191 186 205 179 153
Base metals 18 18 20 18 18
Agriculture 89 86 94 88 96
Energy 106 104 116 114 114