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Citi launches commodities index
07 April 2010
Citigroup has launched the Citi BRIC Commodities Index, the first index that provides investors access to broad commodity exposure in proportion to the consumption of commodities in the BRIC countries.
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[Citigroup BRIC commodities index]
Citigroup has launched the Citi BRIC Commodities Index, the first index that provides investors access to broad commodity exposure in proportion to the consumption of commodities in the BRIC countries. Investors confident that price trends will be driven by continued robust growth of the commodity-hungry BRICs now have a straightforward way of expressing that view. “As global growth becomes increasingly reliant on demand growth from the emerging market economies and...
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