Joanne Von Alroth discusses the iPath Global Carbon ETN in her recent article, “The Latest ETN Tracks Carbon Emission Trade”.
Barclays launched the iPath Global Carbon ETN (GRN) last Thursday. This is the first exchange traded note to track the global carbon emissions market.
The fund is up 6% since launch, but professionals such as Mark Spallanzani, managing partner of Alcott Capital Management, are not sure what kind of following the fund will receive.
You can read the full article here.