Inflow into agri ETCs rises sharply: ETFS Ltd
Published on: April 09, 2009 at 10:25
Commodity OnlineLONDON: ETF Securities Ltd has reported large inflows into ETFS Agriculture (AIGA) last week, The ETC that received the largest inflows last week was ETFS Agriculture (AIGA), with $47mn of new flows, bringing total flows this year into this single ETC to $168mn, behind only gold, oil and platinum.
Flows into agriculture have picked up sharply over the past three months as investors have become more confident about the sectors prospects and broadened their exposure to commodities more generally. On a similar theme, ETFSAll Commodities (AIGC) saw $13mn of inflows last week, the largest weekly increase since beginning of March.
Trade commodities or equities from across the globe. Join Now Flows into energy ETCs remain positive but appear to be taking a breather from their blistering pace of the past few months . Total flows into energy ETCs were up $21mn last week with flows into ETFS Leveraged Crude Oil (LOIL) up $8mn, flows into ETFS WTI 2mth (OILW) up $9mn, flows into ETFS Energy (AIGE) up $7mn and ETFS Crude Oil (CRUD) seeing outflows of $11mn.
With cyclical assets running strongly over the past few weeks, interest in industrial metals ETCs also continued to rise, with ETFS Industrial Metals (AIGI) seeing $4mn of new inflows and ETFS Copper (COPA) $2mn.