Commodities

Gold ETFs see net outflows globally in February

Mar 8th, 2018 | By
Gold ETFs see net outflows globally in February

Gold-backed ETFs (including ETPs) lost 5.1 tonnes of gold during February as investors redeemed assets on the back of a decreasing gold price and increasing volatility, according to data from the World Gold Council.



UBS introduces GBP-hedged share classes on two commodity ETFs

Mar 7th, 2018 | By
UBS introduces GBP-hedging on Bloomberg commodity ETFs

UBS has extended its currency-hedged product suite with the introduction of pound sterling-hedged share classes on a pair of commodity ETFs. They are the UBS CMCI ex-Agriculture SF UCITS (hedged to GBP) ETF (CCXAG SW) and the UBS Bloomberg Commodity CMCI SF UCITS (hedged to GBP) ETF (BCCMG SW).



T. Boone Pickens lends name to new US energy ETF

Mar 2nd, 2018 | By
T. Boone Pickens lends name to new US energy ETF

TriLine Index Solutions, an affiliate of BP Capital Fund Advisors, has launched the NYSE Pickens Oil Response ETF (BOON US), whose name and ticker honours the leadership of American oilman T. Boone Pickens. The fund tracks the NYSE Pickens Oil Response Index which selects stocks with a high correlation to changes in the price of Brent crude oil. It aims to provide a higher Sharpe ratio compared to traditional energy ETFs, the S&P 500, and ICE Brent Crude Oil, as well as commodity-oriented indices.



Severe weather causing a storm in agricultural ETPs

Feb 19th, 2018 | By
Severe weather causing a storm in agricultural ETPs

London-based commodity ETP specialist ETF Securities has reported that weekly inflows into its agricultural ETPs reached their largest levels ever last week, totalling $54.7 million. The firm notes that the majority of agricultural commodities are trading higher in 2018 owing to severe weather conditions affecting forecasts of supply.



WisdomTree: How to trade the Brent/WTI oil spread using short and leveraged ETPs

Feb 15th, 2018 | By
WisdomTree: How to trade the Brent/WTI oil spread using short and leveraged ETPs

By Nick Leung, research analyst at WisdomTree in Europe.

A widening oil spread presents trading opportunities for oil investors. In this brief, we examine how short and leveraged oil ETPs can be used to efficiently trade oil price movements.



Investors abandon industrial metals ETPs amid market sell-off

Feb 13th, 2018 | By
Gold ETF inflows reach 3-week highs, says ETF Securities

ETF Securities’ range of industrial metals ETPs saw net outflows of $99 million for the week starting 5 February 2017 amid the global equity market sell-off, according to the firm’s weekly flows analysis. Nitesh Shah, director of research at ETF Securities, said that industrial metals are “arguably the most cyclically exposed of all commodities”, noting these were the highest outflows in ten weeks for this asset class.



VanEck: Tax reform adds fuel to gold’s engine

Feb 13th, 2018 | By
VanEck: Tax reform adds fuel to gold’s engine

By Joe Foster, portfolio manager for the gold and precious metals strategy at VanEck.

Anyone hoping that Washington DC would become fiscally responsible under Republican Party rule has seen their hopes go up in flames, as new tax rules appear likely to drive the US deeper into debt.



Lyxor lists MSCI ACWI gold ETF on SIX Swiss Exchange and Euronext Amsterdam

Feb 7th, 2018 | By
Lyxor cross-lists MSCI ACWI gold ETF to SIX and Euronext

Lyxor has cross-listed the Lyxor MSCI ACWI Gold UCITS ETF on SIX Swiss Exchange and Euronext Amsterdam. The fund, which was first listed on Euronext Paris in 2012, provides equity exposure to firms globally whose revenues are closely related to gold production.



Commerzbank cross-lists Comstage ccy-hedged ex-agri commodity ETF on SIX

Jan 30th, 2018 | By
Commerzbank launches STOXX Europe 600 ETF on Deutsche Börse

Commerzbank has cross-listed the ComStage CBK Commodity ex-Agri Monthly EUR Hedged UCITS ETF (CBACOM SW) on Zurich’s SIX Swiss Exchange, providing exposure to a basket of commodity futures excluding agriculture.



Bitcoin no substitute for gold, says World Gold Council

Jan 25th, 2018 | By

“Bitcoin, and cryptocurrencies more generally, are not a substitute for gold”, concludes the World Gold Council in its latest investment update. While the assertion might not come as a huge surprise, the organisation makes some valid points.