Tuesday, December 3, 2019, 3:20 PM - 4:10 PM | The True Nature of Long-Term Commodity Returns
Bloomberg has recently extended the history of the Bloomberg Commodity Index (BCOM) back to 1960 to enable it to analyse historical returns to benefit long-term investors. Aimed at euro-based investors, this stream will explore the nature of long-term commodity returns and the impact of euro hedging and different ESG considerations. Specific discussion points include:
- The nature of long-term commodity returns, particularly asset beta versus factor beta;
- Enhancing long-term risk-adjusted returns through factor investing;
- Inflation hedging properties of different combinations of commodity contracts;
- Implications of euro-hedging;
- Implications of excluding agricultural contracts.