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Commodity-fund returns can still cause confusion, says SG

Amid bankers' concerns over proposed limits on trading, commodity ETFs and ETNs are attracting inflows, says Olivier Godin of SociTtT GTnTrale. But returns from instruments such as oil funds often surprise.

When the US government started to talk about regulatory changes on commodity trading, there was a lot of discussion about how far any changes would go and the effect they would have, says Olivier Godin, Asia head of commodities at French bank Société Générale in Hong Kong.

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