| From Mondovisione.com: ETF Securities' 1Q 2009 results show that commodities outperformed equities in the first quarter, extending the outperformance of the past ten years. Precious metals, as measured by the DJ-AIG Precious Metals Sub-IndexSM, was the best performing commodities group, up 7% during the quarter, followed by the DJ-AIG Industrial Metals Sub-IndexSM, up 5%.
Commodities as measured by DJ-AIG-F3 Commodities IndexSM, fell 4% during the quarter, compared to a 12% decline in Dow-Jones Euro Stoxx 50 Index, a 10% fall in the FTSE 100 Index and a 11% fall in the MSCI World Index during the period. A surge in demand for commodities and for liquid, collateralised and physically backed exchange traded commodities (ETCs), caused ETF Securities' assets under management to rise by 44% during the quarter to $10.1bn.....Full Article: Source
|