NEW YORK/REUTERS
Investors plowed more than $4 billion into commodity-based products and mutual funds in February, the most in nine months, favouring agricultural markets, silver and broad index funds, Lipper data showed March 17.
Inflows to U.S.-regulated “commodity products” rebounded to $4.05 billion last month, up from just $38 million in January, according to data tracking funds that invest directly physical commodities or derivatives, not corporate securities. It’s the highest since 6.3 billion in May of 2010.
The surge helped elevate total net assets in the funds to $151.4 billion, up from $142.4 billion at the end of January. That makes up about half of the total net length of index funds tracking commodity markets, which includes swaps and other unregulated vehicles, according to CFTC data.
