Aneeka Gupta, Associate Director, equity and commodities research at ETF Securities by WisdomTree, reports that last week saw gold ETP outflows widen to USD113.9 million, attaining its highest level in eight weeks.
Commodities & Resources
This week saw the 10th anniversary of T Boone Pickens’ Pickens Plan, designed to reshape America’s energy policy. It is also five months since the launch of the Pickens Oil Response Index (PORI) and ETF (BOON). Like the Pickens Plan, BOON acknowledges the importance of the demand-side of energy and incorporates it into its strategy.
Marlène Hassine Konqui, Head of ETF Research, and Kristo Durbaku, ETF Research Analyst at Lyxor ETFs report that ETF flows have slowed as sentiment reverses.
Aneeka Gupta, Associate Director, Equity & Commodities Research, ETF Securities by WisdomTree, writes that inflows into platinum ETPs staged a comeback last week, rising to USD15.7 million attaining its highest level in 37 weeks.
In this week’s ETF flows report Aneeka Gupta, Associate Director, Equity & Commodities Research at ETF Securities by WisdomTree, reports that inflows into gold ETPs worth USD73.3 million bounced back reversing the prior two weeks of outflows as bargain hunters appeared to chase lower prices.
Societe Generale has reached an agreement to acquire Commerzbank’s Equity Markets and Commodities business (EMC), a European manufacturer, distributor and market maker of structured and flow products as well as asset management solutions.
Nitesh Shah (pictured), director of research at WisdomTree Europe’s ETF Securities, writes that last week saw oil prices rally close to 6 per cent intraday on Friday after OPEC’s lack of transparency sent markets wondering about what levels of production increases will they will see this year from the group.
Aneeka Gupta, associate director, equity and commodities, ETF Securities, writes that last week saw the industrial metal basket ETPs take the lion’s share of inflows, worth USD52.8 million extending last week’s trend of positive inflows.
Aneeka Gupta, associate director, equity and commodities at ETF Securities, reports that last week saw gold ETPs take the lion’s share of inflows, garnering inflows worth USD122.7 million, marking its highest level in 33 weeks.
A new index for investors analyses a USD300 billion group of 60 global food companies and has found that the large majority of meat, fish and dairy suppliers are failing to manage critical business risks such as greenhouse gas emissions and antibiotics risk.