Demand for physically backed gold ETC rose significantly last week, with ETF Securities Physical ...
Demand for physically backed gold ETC rose significantly last week, with ETF Securities Physical Gold and Gold Bullion Securities increasing by $134m in inflows.
Both ETCs now hold the equivalent of $6.1bn of physical gold, representing the largest gold ETC holdings in Europe and the second largest in the world.
Inflows into long oil ETCs increased by $94m last week, showing robust demand. The ETFS Brent one-year experienced $48m of inflows following a single $43m transaction, marking the largest investment to date in a longer-dated oil ETC. This exemplifies how interest in oil ETCs spans all maturities, including longer-dated oil.
Conversely, ETFS Short Crude Oil has experienced $343m in outflows after peaking last August, pushing investors net-long positions in oil ETFs to the highest level yet recorded. This marks a sharp reversal of the position during May to August last year, when investors has large net-short oil ETF positions as prices peaked and slumped.
Moves to overweight equities and fixed income
The Big Interview: Focus on ethical investment
View from the front row
'No control or oversight'
359 new customers in 2018