Commodity funds head for record outflow, Caution pre...


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Financial Times
FTfm ETFs
Tuesday December 17 2013

Exchange Traded Funds
 
Commodity funds head for record outflow
Excluding withdrawals from precious metals funds, there was a net $4bn inflow into commodity index swaps and ETFs to the end of November
http://link.ft.com/r/BLH300/52BVCB/BMU6DR/WH64OU/775BSU/QR/h?a1=2013&a2=12&a3=17
 
Caution prevails ahead of Fed decision
Uncertainty over whether the US central bank will begin to pare back its monthly asset purchases makes for a cautious session in the markets
http://link.ft.com/r/BLH300/52BVCB/BMU6DR/WH64OU/BWKONB/QR/h?a1=2013&a2=12&a3=17
 
Inflows to 'alternative' bond funds surge
Assets in funds that use derivatives to take both positive and negative bets on fixed income instruments have jumped 76% in the US
http://link.ft.com/r/BLH300/52BVCB/BMU6DR/WH64OU/5A7TQJ/QR/h?a1=2013&a2=12&a3=17
 
The future is physical, says Deutsche AWM
The fund manager is converting 18 derivative-linked 'synthetic' ETFs to 'physical' funds, but it is not the end for this type of product
http://link.ft.com/r/BLH300/52BVCB/BMU6DR/WH64OU/8M4GJP/QR/h?a1=2013&a2=12&a3=17
 
EU in agreement on rebates ban for advisers
A political agreement has been reached that will force EU member states to implement a ban on inducements for independent financial advisers
http://link.ft.com/r/BLH300/52BVCB/BMU6DR/WH64OU/WB8J5Q/QR/h?a1=2013&a2=12&a3=17
 
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