Commodities, an attractive asset class.

      Аннотация: In recent years, investor's interest in commodities has undoubtedly risen in line with the spectacular increase in commodities prices. In parallel, the development of new investment vehicles such as Exchange Traded Commodities (ETCs) has enabled without any doubt all types of investors to gain commodities exposure. This last decade, the bull market has proved to be a tremendous investment opportunity. The purpose of this book is to analyse the interest in investing in commodities for private investors and to underline the change of attitude of private investors especially the average investor towards this asset class. Today the benefit of commodities investment are well known, they bring balance to a portfolio, can be used as an inflation hedge, have low correlation to equities and bonds which according to modern portfolio theory should result in reduced risk without necessarily reducing returns.

Ключевые слова: Commodities, diversification, Finance, hedging, investment, Portfolio Optimisation, Exchange traded commodities