09.01.2015 - Investors flood into oil ETPs
Investors have flooded into oil related exchange-traded products at record levels according to data from ETF Securities. The data indicates investors are already using the recent oil market rout as an opportunity to rotate exposure at attractive price levels. Much of the money going into oil ETPs has come from reductions to gold exposure. Gold ETPs saw $3.1bn of withdrawals, the largest quarterly withdrawals in a year. US investors accounted for 78% of this as confidence in the US recovery grew. Commodity sector performance generally continued to deteriorate in Q4 2014, confirming it as the worst year for the asset class since the financial crisis...............................................Full Article: Source
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