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Comovement and the Financialization of Commodities

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  • Luca Taschini
  • Matteo Bonato

Abstract

Over the last decade, commodity futures have become a popular asset class for portfolio investors, as investors increasingly sought out commodities for portfolio diversification after the equity market crash in 2000. This process is sometimes referred to as the “financialization” of commodity markets. The increase in commodity investment (particularly in the form of investment in […]

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  • Luca Taschini & Matteo Bonato, 2016. "Comovement and the Financialization of Commodities," Working Papers 64, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:64
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    1. Bonato, Matteo & Gupta, Rangan & Lau, Chi Keung Marco & Wang, Shixuan, 2020. "Moments-based spillovers across gold and oil markets," Energy Economics, Elsevier, vol. 89(C).

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