13.11.2014 - Energy ETPs attract bumper inflows in October after oil price tumbles
Energy exchange traded products (ETPs) attracted a bumper $840.7 million in net inflows in October, according to data from asset manager BlackRock, after a plunge in the oil price triggered interest from bargain hunters. "The biggest driver was the oil price," said Ursula Marchioni, head of ETP research EMEA at BlackRock's iShares. "Some energy ETP investors saw the lower price as an opportunity to extend their long exposures."..............................................Full Article: Source
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