Commodities: Markets, Performance, and Strategies
H. Kent Baker, Greg Filbeck, and Jeffrey H. Harris
Abstract
In today’s dynamic financial environment, commodity markets can be accessed with products that create unique risk and return dynamics for investors worldwide. Commodities: Markets, Performance, and Strategies provides a comprehensive view of commodity markets, describing historical commodity performance, vehicles for investing in commodities, portfolio strategies, and current topics. The book begins with the rudiments of commodity markets and how investors gain exposure to commodity returns through various investment vehicles. It then highlights the unique risk and return profiles of commodity ... More
In today’s dynamic financial environment, commodity markets can be accessed with products that create unique risk and return dynamics for investors worldwide. Commodities: Markets, Performance, and Strategies provides a comprehensive view of commodity markets, describing historical commodity performance, vehicles for investing in commodities, portfolio strategies, and current topics. The book begins with the rudiments of commodity markets and how investors gain exposure to commodity returns through various investment vehicles. It then highlights the unique risk and return profiles of commodity investments set in the global marketplace among more traditional investments. In this context, the book examines the use of commodity markets to manage risk, highlighting recent blowups that result from mismanaged risk practices. It also provides important insights about current topics, including high frequency trading, financialization, and the emergence of virtual currencies as commodities. The book balances useful practical advice on commodity exposure while introducing the reader to various pitfalls inherent in these markets. Readers interested in a basic understanding will benefit as will those looking for more in-depth presentations of specific areas within commodity markets. Overall, Commodities: Markets, Performance, and Strategies provides a fresh look at the myriad dimensions of investing in these globally important markets from experts from around the world.
Keywords:
commodities,
commodity markets,
commodity performance,
commodity strategies,
portfolio management
Bibliographic Information
| Print publication date: 2018 |
Print ISBN-13: 9780190656010 |
| Published to Oxford Scholarship Online: March 2018 |
DOI:10.1093/oso/9780190656010.001.0001 |
Authors
Affiliations are at time of print publication.
H. Kent Baker, editor
University Professor of Finance, Kogod School of Business, American University
Greg Filbeck, editor
Samuel P. Black III Professor of Finance and Risk Management, Director, Black School of Business, Penn State Erie, The Behrend College
Jeffrey H. Harris, editor
Gary D. Cohn Goldman Sachs Chair in Finance, Finance and Real Estate Department Chair, Kogod School of Business, American University
More
Less
