Fri, Aug 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs, Investment, Performance more

Investors continue to dump commodity ETPs in May-BlackRock

Posted on 12 June 2013

A stronger dollar and weaker inflation expectations prompted further redemptions from commodity exchange traded products (ETPs) by investors in May,although the pace slowed from April’s record outflows.
ETPs, whose value is linked to moves in their underlying assets, are seen as an easy route into commodities. Commodity ETPs lost $6.3 billion last month according to data from BlackRock, compared with an unprecedented $9.3 billion in April. This was largely due to a reduction in outflows from gold ETPs, which totalled $5.7 billion in May, compared with $8.7 billion in April………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31