Fri, Dec 26, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs, Performance more

Commodity ETP assets decline in 2013 mainly due to gold

Posted on 08 January 2014

Global assets under management in commodity-related exchange-traded products fell sharply during 2013 mainly due to a steep fall in gold assets, said ETF Securities Tuesday. However, AUM for ETPs for platinum group metals rose. And whereas AUM for silver ETPs fell, this apparently was due to the lower price, as otherwise the metal had a net inflow, according to ETF Securities’ data.
AUM declined to $122.2 billion at the end of 2013 from $199.8 billion at the end of 2012 for commodity ETPs, said ETF Securities, which provides a number of metals exchange-traded funds. AUM for gold ETPs fell to $75.9 billion from $146.6 billion………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38584 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