Much of the academic research on commodities has focused on the impact of including an allocation to long-only commodity strategies in a portfolio. Joelle Miffre and Adrian Fernandez-Perez add to the literature with a paper on the performance and volatility of long-only and long-short commodity portfolios, as well as their conditional correlation with equities (represented by the S&P 500 Index) as well as bonds (represented by the Barclays Capital U.S. Aggregate Bond Index).
By clicking on any of the links above, you acknowledge that they are solely for your convenience, and do not necessarily imply any affiliations, sponsorships, endorsements or representations whatsoever by us regarding third-party Web sites. We are not responsible for the content, availability or privacy policies of these sites, and shall not be responsible or liable for any information, opinions, advice, products or services available on or through them.
The opinions expressed by featured authors are their own and may not accurately reflect those of the BAM ALLIANCE. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice.
© 2015, The BAM ALLIANCE