11.08.2014 - Broad commodity ETPs attract strong inflows in July -BlackRock
Diversified commodity exchange-traded products (ETPs) attracted strong inflows in July as a pick-up in economic growth in China and the United States encouraged investors to return to the unloved asset class. Investors injected $936 million into broad-basket commodity ETPs last month - the biggest inflow for this segment in three years, data from asset manager BlackRock showed. That compared with the high watermark for the category in February 2011 of $1.5 billion in inflows, according to Ursula Marchioni, head of ETP Research EMEA at BlackRock's iShares. Industrial metals ETPs also attracted a robust $117 million as the tide began to turn for the more cyclical commodities............................................Full Article: Source
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