08.10.2013 - Commodities find favour in Q3 with growth-hungry investors
Broad commodity exchange-traded products (ETPs) returned to favour in the third quarter, attracting some $712 million according to BlackRock data, as investors sought out assets thought likely to benefit from a pick up in economic growth. Equity ETPs also continued to do well, capturing some $28.7 billion in September, whilst fixed income ETP inflows totalled $6.6 billion. Overall, global ETP inflows reached $35 billion in September. But money continued to bleed from gold ETPs, which racked up $1.2 billion in outflows in September, taking third-quarter redemptions to $4.4 billion. This was despite the U.S. Federal Reserve's surprise announcement in mid-September that it would continue with its bond-buying programme...............................................Full Article: Source
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