ETC investors seek broad exposure

The broad-based All Commodities ETC has attracted $40.9m in 2011, bringing its inflows to $410.1m over the past 12 months. In the meantime, demand for the firm's precious metal products has dropped off significantly, after a 12 month period that saw the platform draw over $3.6bn in new money. According to Deutsche Bank research, commodity ETCs make up roughly 8% of the European ETP industry, but they made headlines last year on the back of strong flows into precious metals and the development of physically-backed industrial metal ETCs. ETFS Physical Gold has seen inflows of $1.3bn in...