Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

ETF Securities launches four Brent Crude strategies

ETF Securities launches four Brent Crude strategies

ETF Securities (ETFS) has expanded its Brent Crude exchange traded products offering against a background of rising geopolitical tensions in the Middle East.

The issuer unveiled four ETPs on the London Stock Exchange, as Brent Crude’s importance as the new global benchmark for oil rises. West Texas Intermediate has been beset with local logistical issues that have seen it move to a significant discount to Brent.

The range of ETPs provide investors with long, leveraged, short and forward exposures to the Brent oil price and complement its existing offering of 1-month, 1-year, 2-year and 3-year exposures.

In a recent poll by ETFS, three quarters of respondents said they expected tensions in the Middle East to escalate while two thirds said this would occur within the first half of this year. The vast majority of these respondents also said this would impact their asset allocation decisions.

The ETFS Brent Crude oil ETPs are issued by ETFS Commodity Securities Limited, a Jersey-based special purpose vehicle.

The vehicles track the performance of the Brent Crude sub-indices of the Dow Jones-UBS Commodity Index, via fully funded collateralised swaps.

Exposure to Brent Crude is obtained via multiple swap counterparties, including UBS and Bank of America Merrill Lynch acting through Merrill Lynch Commodities.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter