Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

November outflows confirm dismal year for commodity ETPs

Posted on 06 December 2013

Investors continued to turn their backs on commodity exchange traded products (ETPs) in November with some $2.1 billion in global outflows, capping a dismal year for the gold-dominated asset class which has lost out to a rallyin equities.
Some $37.3 billion was pulled from commodity ETPs globally in the first 11 months of the year, according to data from BlackRock, the world’s biggest asset manager. This puts commodity ETPs on course for one of their worst years on record. “It’s been a tough year,” said Nitesh Shah, a research analyst at ETF Securities, an issuer of ETPs. “There’s been a change in mindset by a number of investors.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031