Swiss & Global Expands in Industrial Metals Funds With Trafigura
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Swiss & Global Asset Management AG, manager of precious metals exchange-traded products, is expanding into physical industrial metals supplied by Trafigura Beheer BV.
The JB Industrial Metals Funds will hold aluminum, copper, nickel and zinc, according to a company statement e-mailed today. They will start this year, according to Stephan Mueller, product developer of the industrial and precious metals funds. Trafigura will sell the metal, stored by its NEMS unit, a warehouse company approved by the London Metal Exchange, he said by phone today from Zurich.