agriculture

Exchange-traded products tracking diversified broad commodity indices saw global assets increase by $5.2bn in Q1 2011, marking the largest quarterly inflows for the sector on record, ETF Securities says.

European-domiciled exchange-traded products garnered over €1.9bn in the week ending 4 March, according to Deutsche Bank.

Gold exchange-traded products have seen outflows of over €1.4bn since the start of the year, driven by increased equity market confidence, according to Deutsche Bank.

Deutsche Bank has stopped new issuance of its PowerShares DB Agriculture Double Long exchange-traded note (ETN).

The Bank of Montreal has launched 10 ETFs on the Toronto Stock Market, adding target maturity and commodity funds to its product range.

The rapid expansion of the ETP industry has opened access to commodities, allowing more investors to tap the asset class, ETF Securities says.

ETF Securities has seen flows into its All Commodities ETC so far this year outstrip those into any of its other commodity securities.

Van Eck Global has filed with the Securities and Exchange Commission (SEC) for a Market Vectors Constant Maturity (CM) Commodity Index ETF.

Agribusiness is set to enjoy sustained growth with sugar alone seeing demand rise by as much as 50% in the next 20 years, according to industry experts.

Rabobank International is seeking to move into commodity ETFs in the next six months, by acting as swap provider and distributor for certain ETF Exchange (ETFX) products.