@article {Jeanneret43, author = {Pierre Jeanneret and Pierre Monnin and Stefan Scholz}, title = {Protection Potential of Commodity Hedge Funds}, volume = {13}, number = {3}, pages = {43--52}, year = {2010}, doi = {10.3905/jai.2011.13.3.043}, publisher = {Institutional Investor Journals Umbrella}, abstract = {In this article, the authors show that investing in a portfolio of commodity hedge funds yields higher returns and a better control of downside risk than investing in long-only commodity indices. They also show that, contrary to a widespread belief, long-only commodity indices do not necessarily provide an efficient inflation hedge during periods of high inflation and may induce a cost in low inflation periods. Commodity hedge funds do not provide a better hedge in periods of high inflation but they do not bear any cost in low inflation periods.TOPICS: Real assets/alternative investments/private equity, commodities, futures and forward contracts, risk management}, issn = {1520-3255}, URL = {https://jai.pm-research.com/content/13/3/43}, eprint = {https://jai.pm-research.com/content/13/3/43.full.pdf}, journal = {The Journal of Alternative Investments} }