23.09.2016 - Commodity funds in fee ‘bonanza’ as assets soar 46%
Commodity funds and ETFs have seen assets soar 46 per cent since the end of last year creating a bonanza for providers due to the high fees they charge on the niche products, Cerulli Associates analysis reveals. Inflows are reaching the ‘highest level in years’ hitting €5bn year to date following €1.5bn inflows in July, Cerulli says. Inflows are attributed to gold prices rising 19 per cent over the period, as well as unsettled markets.............................................Full Article: Source
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