Thomas Becket is head of global investment strategy at London-based PSigma Investment Management. He tells The Wall Street Journal Europe about his preference for high-yield bonds and soft commodity funds.

Our biggest long-term trend for the next decade is China's urbanization and the emergence of a powerful middle class. We view this as a once-in-a-lifetime theme and believe the best way to gain exposure to it is to invest in soft commodity funds like the Schroder Alternative Commodity Fund.