Structuring ETF definitions

  The market for commodity exchange-traded products (ETPs) more than doubled last year, fuelled by growing demand for oil, gas and other natural resources.  Commodity ETPs listed in Europe rose in value from €9bn to more than €21bn in 2009, according to Deutsche Bank, a performance which contrasts with sluggish growth elsewhere. Indeed the ETP market overall grew only 4% in the year to March, according to BlackRock.  Christos Costandinides, ETF strategist at Deutsche Bank, said: “Commodities enjoyed very strong growth in 2009. It was the year that defined them as a major asset clas...