Structural Position-Taking in Crude Oil Futures Contracts
Hilary Till: Should an investor enter into long-term positions in oil futures contracts?
Author(s):
Research Associate, EDHEC-Risk InstitutePrincipal, Premia Research LLC
In answering this question, this paper will cover the following three considerations: (1) the case for structural positions in crude oil futures contracts; (2) useful indicators for avoiding crash risk; and (3) financial asset diversification for downside hedging of oil price risk. This paper will conclude by noting the conditions under which one might consider including oil futures contracts in an investment portfolio.
| Type: | Working paper |
|---|---|
| Date: | le 16/11/2015 |
| Research Cluster : | Finance |
See Also
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the top 15 European business schools. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching philosophy, inspired by its award-winning research activities, focuses on “learning by doing”.
