Turmoil creates ETF confusion

Exchange traded fund (ETF) providers have moved to reassure investors their products are safe, following the recent market turmoil that saw more than 100 exchange traded commodities (ETCs) suspended. There was concern ETFs were being linked in the minds of investors to other products with similar names, as anxiety escalated following the London Stock Exchange’s decision to suspend electronic trading in more than 100 ETCs issued by ETF Securities. The provider’s ETCs used contracts on indices provided by American Insurance Group (AIG), which last week was rescued by the US Federal Reserve....