Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Superannuation
11 July 2025 by Maja Garaca Djurdjevic

Beyond Silicon Valley: How super funds thrived on diversification in 2025

Superannuation funds have posted another year of strong returns, but this time the gains weren’t powered solely by Silicon Valley. In contrast to ...
icon

Netwealth edges in on rival HUB24 with record FUA net flows

The wealth management platform remains a strong performer in the platform space, generating a record $15.8 billion in ...

icon

South Korean exposure pays off as ASX-listed ETF jumps 32%

The iShares MSCI South Korea ETF (IKO) gained 32.1 per cent in the first six months of the year, marking South Korea’s ...

icon

Instos anticipate crypto to feature in traditional portfolios by 2030

Three-quarters of institutional investors believe cryptocurrencies will form part of traditional portfolio allocations ...

icon

US tipped to be ‘the big loser’ of Trump’s expanding trade war: AMP

The rollout of further tariffs in the US from August is expected to decrease economic growth in the US in the ...

icon

Government cements RBA overhaul with new rules

The government has cemented its overhaul of the RBA’s governance with the release of an updated Statement on the Conduct ...

VIEW ALL

ETF Securities expects quadrupling of gold ETC

  •  
By
  •  
4 minute read

ETF Securities expects its gold product to attract $1.5 billion in investments.

ETF Securities expects assets under management in its gold exchange-traded commodity (ETC), ETFS Physical Gold, to quadruple in Australia from $500 million to about $2 billion over the next 12 months.

"Our experience from the UK is that it can go suddenly very fast," ETF Securities Australia and New Zealand head of sales Nigel Phelan told InvestorDaily.
 
Phelan has overseen the growth of the ETF business in the UK and Ireland, where assets grew from $200 million to more than $11 billion in just two years.

"I think we're actually being conservative," he said.

The ETC gives investors exposure to gold through an equity structure, while the securities are backed by actual gold bullion held by custodian HSBC.

 
 

Interest in the product might be stimulated by the current rise in the gold price, with futures recently topping US$1000 an ounce.

Globally, gold ETCs have attracted US$2.25 billion of net inflows since early November 2008, which brings the total assets under management in this product to US$8 billion.

"Physically-backed gold ETCs have seen strong flows over the past year as investors look for insurance against financial and economic dislocation," UK-based ETF Securities senior analyst Daniel Wills said in a conference call yesterday.

"Gold was one of the only assets to show positive returns last year when the financial crisis hit, highlighting gold's status as a safe haven and as insurance against unexpected severe events for long-term portfolios," Wills said.

The boost in assets under management in the gold ETF in Australia will be helped by ETF Securities' efforts to make the products available to retail investors.

Last week, Zenith Investment Partners gave the product a recommended rating.
 
This clears the way for the gold ETC to be included on platforms and subsequently on dealer groups' approved product lists.