27.01.2009 - Exchange-traded commodities boom
From Guardian: Exchange-traded commodities (ETCs) -- securities that rise and fall with oil, gold, and other products -- are booming as a way of investing in volatile raw materials, the head of ETF Securities Ltd said on Monday. Hector McNeil, managing partner of the unlisted company which manages popular exchange-traded funds (ETFs) such as Physical Gold and Brent 1-Month, said the value of assets quadrupled in 2008 and looked set to increase by as much as 80 percent again this year..... Full Article: Source
Print