'Scary Things' On Horizon As Food Prices Rise
"We may see a lot of scary things happen as the demand for food outstrips supply," says Adam Patti, CEO of IndexIQ, an asset manager based in Rye, NY. Soaring demand for food will create opportunities for investors, though. In March, Patti launched the IQ Global Agribusiness Small Cap ETF, which is listed on NYSE Arca under the symbol CROP.
Steve Rosenbush
June 28, 2011