U.S. listed exchange-traded funds poured a record $250 million into Australia last week. The rebound in commodities prices since early this year, coupled with easy monetary policy, may be attracting traders and investors to the mining-rich nation. Year to date, inflows into Australia ETFs totalled $1.4 billion, compared to outflows of $5.6 billion from Japan and $1.2 billion from China.
To contact the reporter on this story: Wendy Soong in New York at csoong@bloomberg.net. To contact the editors responsible for this story: Marco Babic at mbabic@bloomberg.net, Garfield Reynolds
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
