Egyptian turmoil prompts oil inflows but BAML advises caution

Egypt and Sudan on a globe under a magnifying glass
Spotlight is on investment in Egypt as political unrest continues

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

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: