24.10.2016 - Barclays: Most Sept. Commodity ETP Inflows From Precious Metals
Inflows into global commodity exchange-traded products continued in September, with precious metals the key “driving force,” says Barclays. Analysts report that overall commodity ETPs posted a modest inflow of $1.7 billion last month. Although lower than the year-to-date monthly average of $3.9 billion, this nevertheless means that commodities ETPs collectively have seen inflows every single month so far in 2016, analysts say. “Precious metals remained the driving force behind ETPs inflows, bringing in $1.64 billion, while ETPs linked to other sectors saw only $0.1 billion of inflows,” the bank says. “As (of) the end of August, precious metals ETPs had combined inflows of $28.2 billion year-to-date, higher than any full-year inflows on record. Precious metals ETP AUM (assets under management) increased to $114.3 billion at the end of September, which is the highest level since May 2013.”.......................................Full Article: Source
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