Commodities specialist ETF Securities expands into Asia

ETF Securities has become the latest commodity-investment firm to expand into or launch new products in Asia. The London-based exchange-traded commodity (ETC) provider is seeking to grow its business in the region, having had a presence in Australia since 2009. Nigel Phelan became the firm’s first director of Asia in January and will relocate to Hong Kong from Sydney, most likely in the second half of this year. He has been with the company since 2006 and has spent time in senior role…