Commodities

7IM gold exposure hits record high

Aug 16th, 2017 | By
Investors lured to gold’s defensive traits, reports ETF Securities

Seven Investment Management (7IM) has reported that its gold exposure is currently at its highest ever level due to the firm’s “risk off” positioning as a result of perceived elevated risks in the stock market. 7IM’s gold holdings (15.4 tonnes) is now greater than a number of countries including Ireland, United Arab Emirates and the Czech Republic. The discretionary fund manager uses physically backed exchange-traded commodities (ETCs) from Source and iShares to obtain gold exposure in its range of funds and managed portfolios.



ETF Securities cross-lists two broad commodity ETFs on Deutsche Börse

Aug 9th, 2017 | By
ETF Securities cross-lists two broad commodity ETFs on Deutsche Börse

London-based ETF Securities has cross-listed two broad commodity ETFs on Deutsche Börse, tracking two indices from the Bloomberg Commodity Index family. The ETFS All Commodities GO UCITS ETF tracks a broad index of front month commodity futures while the ETFS Longer Dated All Commodities Ex-Agriculture and Livestock GO UCITS ETF tracks an index of longer-dated commodity futures on energy and metals.



Oil investors take profits on price rise, reports ETF Securities

Aug 2nd, 2017 | By
Oil investors take profits on price rise reports ETF Securities

ETF Securities has reported that the 6% oil price rise seen during the week beginning 24 July 2017 has led to outflows of $53 million as ETF/ETP investors took profits. The recent US inventory drawdown was much greater than expected, providing the catalyst for the recent price appreciation.



S&P DJI reports energy sector posted best July since 2004

Aug 2nd, 2017 | By
Crude Oil WTI Brent

By Jodie Gunzberg, head of commodities indices at S&P Dow Jones Indices.

The S&P GSCI Energy Total Return Index gained 8.1% in July, the most for a July in 13 years, led by petroleum that was up 9.2%. Finally the fundamentals may be showing the oil market is starting to rebalance with the rest of the commodities.



BlackRock launches iShares diversified commodities ETF

Jul 27th, 2017 | By
BlackRock launches iShares diversified commodities ETF in London

BlackRock has launched the iShares Diversified Commodity Swap UCITS ETF (LON: ICOM), providing exposure to 20 different commodities from across the energy, agriculture, industrial metals, precious metals and livestock sectors. The fund may appeal to investors looking to diversify their portfolios at a time when the correlation between equities and bonds is rising.



Silver outshines gold, reports ETF Securities

Jul 25th, 2017 | By
Nitesh Shah, Commodity Strategist at ETF Securities

Flows analysis by ETF Securities for the week beginning 17 July 2017 shows that silver was the precious metal of choice for investors as silver ETPs recorded inflows of $17 million compared to outflows of $29m seen by gold ETPs. Nitesh Shah, director, commodity research at ETF Securities, commented: “With continued economic strength, investors have sided with silver as it has higher upside potential in periods of cyclical growth.”



MCX and Thomson Reuters to launch co-branded commodity indices

Jul 24th, 2017 | By
MCX and Thomson Reuters launch co-branded commodity indices

Multi Commodity Exchange of India (MCX) and Thomson Reuters have agreed to launch a suite of co-branded commodity indices in India. The indices will track the performance of commodity derivatives listed on MCX and will be created and maintained by Thomson Reuters.



ETF Securities rolls out new Bloomberg commodity ETFs

Jul 11th, 2017 | By
ETF Securities rolls out new Bloomberg commodity ETFs

London-based ETF Securities has listed two new broad commodity ETFs on the London Stock Exchange, tracking two indices from the Bloomberg Commodity Index family. The ETFS All Commodities GO UCITS ETF tracks a broad index of front month commodity futures while the ETFS Longer Dated All Commodities Ex-Agriculture and Livestock GO UCITS ETF tracks an index of longer-dated commodity futures on energy and metals.



UBS launches Bloomberg commodity ex-agriculture ETF on Xetra

Jul 11th, 2017 | By
Three new iShares equity and bond ETFs launched on Xetra

UBS has launched the UBS CMCI Ex-Agriculture SF UCITS hedged to EUR ETF (UIQ1) on Deutsche Börse’s Xetra and Frankfurt exchanges, offering currency hedged exposure to a broad basket of commodity futures contracts, excluding those tracking soft (agricultural) commodities.



UBS launches currency-hedged Bloomberg commodity ETF on SIX

Jul 7th, 2017 | By
UBS launches currency-hedged Bloomberg commodity ETF on SIX

UBS has launched the UBS Bloomberg Commodity CMCI SF (hd to CHF) ETF on the SIX Swiss Exchange, providing currency-hedged exposure to a broad basket of commodity futures.