Commodities: Markets, performance, and strategies

H. Kent Baker, Greg Filbeck, Jeffrey H. Harris

Research output: Book/ReportBook

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 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.

Original languageEnglish (US)
PublisherOxford University Press
Number of pages634
ISBN (Print)9780190656010
DOIs
Publication statusPublished - Mar 22 2018

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All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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