The firm is hoping to mitigate concentration risk arising from the holding of a single month WTI futures contracts.
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The firm is hoping to mitigate concentration risk arising from the holding of a single month WTI futures contracts.
Oil ETFs underscore the argument for passive products that track a broad market index rather than too narrow a sector.
After recent oil ETFs launches by China’s CSOP and Samsung AM in Hong Kong, Mirae Asset Global Investments follows with its own product.
Part of the Mark Allen Group.