| The S&P 500 utilities sector rose 15% in the first quarter, as investors sought out the relative safety of these dividend-paying domestically focused companies amid elevated global market volatility. Meanwhile, demand for in gold ETFs was quite strong in the first quarter, as SDDR Gold's $6.8 billion of inflows was nearly twice as much as any other product regardless of investment style, though not all institutional managers were in agreement to start 2016.
Paulson & Co reduced its stake in GLD in the first quarter, while Soros Fund Management initiated a position in the commodity ETF...............................................Full Article: Source
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