Source ETC range surpasses €500m in first year

Source has also seen assets in its ETC range nearly double in size since the beginning of this year, largely bolstered by the Source Physical Gold P-ETC, which has garnered $370m in total assets. This gold product captured over $100m of inflows in April, as investors increased allocations to gold as a safe-haven asset amid stock market uncertainty. The firm listed 27 T-ETCs, which are secured with US Treasury bills, on the Deutsche Boerse's Xetra and one physical gold ETC on the London Stock Exchange last year. In response to investor demand for enhanced commodity index exposure, S...