18.12.2013 - Commodity funds head for record outflow
Commodity-linked investment funds are headed for record outflows in 2013, with an $88bn decline in assets under management in the year to November, according to a Barclays report. Investors have withdrawn a net $36.3bn from commodity funds this year – also a record – as prices fell across the market, from coffee to nickel. The bulk of the sell-off came through gold exchange traded funds (ETFs), as the decade-long bull run for the yellow metal ended, with prices falling 26 per cent this year...............................................Full Article: Source
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