Hilary Till: Should an investor enter into long-term positions in oil futures contracts?
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|
|Pôle de recherche||Finance|