Cao, Bolong; Jayasuriya, Shamila; Shambora, William - In: Economics Bulletin 30 (2010) 3, pp. 1842-1851
An increasing number of investors are including futures-based commodity index funds in their portfolios. The argument is that these funds increase diversification, enhance returns and serve as an inflation hedge. Much of the recent literature served to reinforce these ideas. We update the...