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Exchange-traded commodities boom

Posted on 27 January 2009

From Guardian: Exchange-traded commodities (ETCs) — securities that rise and fall with oil, gold, and other products — are booming as a way of investing in volatile raw materials, the head of ETF Securities Ltd said on Monday.

Hector McNeil, managing partner of the unlisted company which manages popular exchange-traded funds (ETFs) such as Physical Gold and Brent 1-Month, said the value of assets quadrupled in 2008 and looked set to increase by as much as 80 percent again this year….. Full Article: Source


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