The decline in commodity ETPs assets would have been worse if not for the precious-metals sector.
ETPs themselves continue to grow in popularity among portfolio managers, financial advisors and individual investors.
Brooks spoke on a conference call reviewing the activity in commodity ETPs for the third quarter.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
That improved macroeconomic confidence drove inflows into industrial metal ETPs, led by demand for copper, he said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
There are now more than 13 MLP ETPs on the market, with very little differentiation beyond weighting and selection strategies.
Further, price declines attracted renewed interest in ETPs for the energy sector.
As risk appetite increases on ideas the U.S. macro outlook has improved, there are more investors seeking broadly diversified ETPs, he said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
For ETPs outside of those with precious metals exposure, the next category to see strong inflows were the broadly diversified commodity ETPs, he said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
Palladium exchange-traded products have a year-to-date net outflow of 228, 000 ounces so far, although platinum ETPs have a net inflow of 213, 000, she said.
FORBES: Gold Seen Outshining Other Precious Metals In Coming Months Before PGMs Gain More Luster
The U.S. Securities and Exchange Commission was a little slower in its review and rewriting of securities regulations to make way for exchange-traded products (ETPs).
Energy ETPs experience more tactical action, with flows rising when crude oil and natural gas prices fall and selling occurs when prices rise, he said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
With the advent of exchange-traded products (ETPs), adding gold exposure to an investment portfolio is now more convenient and less costly for institutional and retail investors.
Most of the investments in ETPs are concentrated among the top four providers: BlackRock iShares, Vanguard, State Street Global Advisors (SPDR) and Investco PowerShares.
ETPs consist of exchange-traded funds (ETFs) and exchange-traded notes (ETNs).
The last time inflows were this large into gold ETPs was in the second quarter of 2010, when the situation in Greece had first come to a head, Brooks said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
Brooks attributed the heavy purchases of gold ETPs on a global basis to expectations that central banks were likely to get more aggressive in flooding the global economy with liquidity.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
We sometimes have modest exposure to ETPs and may invest in PCRDX, although at this point, most of our portfolios remain concentrated in diversified equity funds or fixed income funds.
The distribution of investment management includes, but is not limited to: separately managed accounts, mutual funds, variable annuities, unit trusts, exchange-traded funds (ETFs), exchange-traded notes (ETNs) and other exchange-traded products (ETPs).
ETPs are now available for a wide range of equity asset classes, sub-classes, styles and sectors as well as fixed-income, commodity and foreign currency categories on a long and short basis.
Collectively these offshoots are known as exchange-traded products (ETPs).
The firm described a picture in which there were outflows from the broadly diversified ETPs but inflows into ETPs that track certain single commodities, such as gold, silver, oil and natural gas.
When implementing asset allocation strategies, I have found that it is becoming increasingly more common to utilize exchange-traded products (ETPs) in addition to mutual funds, stocks and bonds, for certain asset classes, styles and sectors.
In the most recent ProShares filing, however, the trust notes that NYSE Arca, a trading venue of NYSE Euronext ( NYX) and the primary exchange for the vast majority of U.S.-listed ETPs, would be the venue of choice.
Otherwise, global commodity ETP assets fell amid concerns about a slowdown in the global economy, said Nicholas Brooks, head of research and investment strategy with ETF Securities in a conference call to outline trends in global ETPs during the April-June period.
Jockeying for listings is nothing new for exchanges, but has taken on a new tone over the past year with proposals for new order types for ETPs and even fee reductions for certain structured products ( PDF), now grouped into the broader ETP category.
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