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.
Commodities & Resources
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.
ETF Securities writes that long oil ETPs saw USD39.5 million in outflows as investors took profits on the 3.2 per cent rise in the oil price.
Private equity blockchain fund Swarm has announced that it will make available an investment in the FarmCoin pan-African financial and commodities ecosystem via its marketplace.
ETF Securities reports that last week saw USD6.7 million inflows into short USD long EUR ETPs as investors placed contrarian trades.
News this week has been dominated by the resurgence of commodities, particularly gold, and the continuing strength of the robotics sector – with ETF launches to match.
State Street Global Advisors’ SPDR ETFs has reported on European ETF flow data as of 20th April.
Commodity investment is back in the spotlight, says investment consultants, bfinance.
Joe Foster, Portfolio Manager and Strategist, VanEck, has written a note on the gold price, saying that lack of investor interest and misguided cost concerns have been fuelling underperformance in gold equity for some time.