Commodities have been having their day in the sun with a noticeable run of commodity-linked launches in ETF form in the UK.
Metals ETC provider, Global Palladium Fund (GPF), writes that, gold, used throughout history to preserve and display wealth, has stood the test of time and today is as coveted and precious as it was a thousand years ago.
The World Gold Council’s latest report on gold ETFs reveals that gold has experienced significant price declines of 6 per cent during the first half of 2021. However, fund flows remain stabilised due to the North American and Asian fund flows offsetting European outflows. Overall, the drop in global gold ETF AUM is 14 per cent lower than August 2020 highs.
Hector McNeil, HANetf co-founder, has confirmed that the London-headquartered firm intends to open in the US in the first half of next year, offering their white label facility to ETF issuers from outside the US, who want to launch ETFs into the country.
Legal & General Investment Management (LGIM) has today launched the L&G Multi-Strategy Enhanced Commodities UCITS ETF, designed to offer investors diversified exposure to the commodities futures market, as they seek to manage inflation and participate in investment opportunities across different commodities throughout the market cycle.
First ESG-focused Gold Mining ETF to launch on London Stock Exchange to help investors access the gold mining sector in a responsible way
The launch of Europe’s first ESG focused gold mining ETF, AuAg ESG Gold Mining UCITS ETF (ESGO) will give ESG focused investors a unique opportunity to participate in the gold mining sector.
Global gold-backed ETFs added 61.3t (USD3.4 billion, 1.7 per cent AUM) in May, reversing three straight months of net outflows according to new data released today by the World Gold Council.
John Reade, Chief Market Strategist at the World Gold Council, comments on why gold-backed ETFs and Net Managed positions have bounced back following the release of the US’s inflation figures last week.
March data from the TrackInsight ETF analysis platform reveals that while the ETF industry continues to hit new assets under management records, investors are slowing down the pace of ESG investments.
DWS has cut the fees on two of its key gold currency hedged Xtrackers ETCs from 0.43 per cent to 0.33 per cent.