Nyse Liffe’s rapeseed futures contract has been added to the benchmark Rogers International Commodity Index (RICI), the multi asset index compiled by veteran US investor Jim Rogers. The index now gives European rapeseed a weighting of 0.25%.
The index was designed to meet the need for consistent investing in a broad-based international vehicle, representing the value of a basket of commodities consumed in the global economy from agricultural to energy and metals products.
Sudakshina Unnikrishnan, an agricultural derivatives analyst at Barclays Capital in London, said Rogers’ recognition of the commodity may lead to investors following the rapeseed market more closely. “I suppose if you are investing...