Tue, Mar 31, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Heavy outflows from commodity ETPs as equities appeal: BlackRock

Posted on 09 April 2013

Investors in commodity exchange traded products (ETPs) unwound their holdings to jump on the equity market rally in March, resulting in total redemptions of US$3.2 billion globally, according to BlackRock data. Gold suffered an investor exodus for a third consecutive month, bringing first-quarter ETP outflows to US$9.2 billion, but white metals - silver, platinum and palladium - escaped the sell-off, BlackRock, the world’s largest asset manager, said.
Riskier, growth-related commodities such as industrial metals and energy also did poorly in March, as the Cyprus crisis stoked new worries over eurozone debt and economic growth………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39895 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031