Salisu, Afees A.; Obiora, Kingsley - In: Financial innovation : FIN 7 (2021), pp. 1-19
This study examines the hedging effectiveness of financial innovations against crude oil investment risks, both before … financial innovations provide resilient investment options. Therefore, we propose that including the ETFs in an investment … innovations given the potential positive correlation between energy variants and crude oil proxies. We employ a multivariate …