12.01.2015 - Energy ETPs attract lion’s share of commodity inflows in 2014
The collapse in the oil price attracted bargain hunters to energy exchange-traded products (ETPs) in 2014, with inflows leaping in December even as the sell-off in oil intensified, global data from BlackRock and ETF Securities showed. Investors in the United States accounted for about 85 percent of the $3 billion-plus inflow into energy ETPs globally, ETF Securities, an issuer of ETPs, said. “A lot of the flows were in WTI (U.S.) crude ETPs,” said Martin Arnold, global FX and commodity strategist at ETF Securities. “It’s U.S. investors looking at the U.S. economy.” Natural gas accounted for about 25 percent of the inflows...............................................Full Article: Source
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