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No end in sight for exodus out of commodity funds

Many markets are oversupplied; growth in China and EMs not fast enough to create demand

Published Mon, Mar 30, 2015 · 09:50 PM

    New York

    INVESTORS are bailing out of commodity funds at the fastest pace on record, and the exodus shows no signs of ending.

    US exchange-traded funds linked to broad baskets of raw materials saw a net outflow of US$1.23 billion over the first three months of the year, the most of any quarter since the securities were created in 2006, data compiled by Bloomberg show.

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