The political turmoil in Egypt is producing opportunities in the structured products market, with ETF Securities announcing increased flows into its oil exchange-traded commodities (ETCs). However, Bank of America Merrill Lynch (BAML) has cautioned against direct investment into Egypt.
At the end of last week ETF Securities saw $10 million of inflows into its energy ETCs, which it attributes to a hike in oil prices resulting from "Egypt-related geopolitical tensions". There were flows into its B
The week on Risk.net, July 7-13, 2018Receive this by email