US commodity ETFs haemorrhage cash as investors bail at record pace
Hedge funds expect more losses, betting on price declines for gold, copper, corn and natural gas
Tue, Dec 29, 2015 - 5:50 AM
INVESTORS can't seem to get away from non-energy commodities fast enough.
A record US$857 million was pulled this year from US exchange-traded funds (ETFs) backed by broad baskets of everything from grains to metals, according to data compiled by Bloomberg through Dec 23....