Van Eck Global CEO Jan van Eck joined ETF Trends Publisher Tom Lydon at the ETF.com Inside ETFs conference in Hollywood, Fla. to discuss opportunity in the energy sector following last year’s dramatic declines by oil prices and equities.
“We generally favor commodity equities because they have a longer-term view,” said van Eck. “We think it’s going to be bumpy for a little bit. Certainly, past 2016, we’re more optimistic. High-quality energy equities can survive that recovery and that’s our primary bet.”
van Eck also highlighted opportunity in China, noting that it is unlikely that China’s financial services and real estate sectors will drag the entire market down.
Van Eck’s Market Vectors unit, one of the largest U.S. ETF sponsors, issues the Market Vectors Unconventional Oil & Gas ETF (NYSEArca: FRAK) and the Market Vectors ChinaAMC A-Share ETF (NYSEArca: PEK). PEK is the oldest U.S.-listed ETF offering exposure to China’s onshore A-shares markets.
Watch the video below to see the full interview.
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