“Serious doubts” raised about hedging potential of long-only commodities
|Jan 13th, 2011 | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post | By: Alpha Male||
Regular readers of this website know that managed futures strategies have almost always provided a stellar downside protection when the equity markets fall out of bed. While many managed futures funds trade in physical commodity futures, many others trade in futures based on financial instruments. Still, many (including, admittedly, us) sometimes treat managed futures as a hedged version of long-only commodity investing, like comparing a market neutral equity fund to a long-only equity fund.
To continue reading this article please login (at the right) or click here to learn more about accessing our archives.
- Unhedged Commodities Fall Short in Crises
- Recent evolution of commodities markets raises interesting new questions about the asset class
- Alternative Viewpoints: Commodities not about “buy and hold”
- Is the Commodity Carry Trade the best way to find alpha buried in commodities?
- Commodities for the Short Run: As portfolio diversifiers, non-correlation benefits may have been exaggerated.