(Reuters) U.S.-based fund manager Breakwave Advisors is launching the first exchange-traded fund (ETF) focusing on freight futures, reflecting growing investor interest in shipping as it emerges from a near-decade long crisis, a regulatory filing showed. Around 90 percent of traded goods by volume are transported by sea and global shipping sectors – such as dry bulk – are on course for a recovery this year, according to investors and analysts, prompting speculators to look for ways to trade.
U.S. Fund Manager Breakwave to Launch First ETF for Shipping Futures
This entry was posted in Syndicated. Bookmark the permalink.
