Intelligent Commodity Indexing A Practical Guide to Investing in Commodities [Hardcover]

THE SECRETS TO CAPITALIZING ON THE COMMODITIES BOOM

In the mid-1970s, when Bob Greer scrolled through miles of microfilm in the basement of a public library in orderto record commodity prices in his yellow legal pad, the idea of commodities being an investable asset class was way outside the mainstream. Now, it's a multibilliondollarvehicle for achieving portfolio diversification and inflation hedging--and he and his colleagues have written the book on earning better returns than the indexes themselves!

InIntelligent Commodity Indexing, Bob joins his fellow leaders of PIMCO's Commodity Practice, Nic Johnson and Mihir Worah, in opening up commodity indexes. Never before has there been a more thorough explanation of how acommodity index works coupled with a powerful set of strategies for making it work for you. Inside, you'll find the most up-to-date tools and time-proven best practices for earning structural alpha by capitalizing on recurring risk and liquidity premiums in the commoditiesmarkets. It offers the right amount of history and theory to reinforce cuttingedge techniques for:

• Interpreting how seasonal effects change risk premia
• Choosing the most profitable market for specific commodity exposure
• Using intelligent commodity indexing to collect risk premiums in the options market
• Maximizing roll yield in order to increase long-term returns
• Managing risk, including specific frameworks and systems

Investors gain a superior advantage with this book's coverage of the nuts-and-bolts workings of various markets.

Praise forIntelligent Commodity Indexing

A seminal work on an asset class that has grown in importance within institutional portfolios. The authors offer considerable insight to this complex asset class andprovide investors with a thorough examination of the drivers of risk and return. -- Julia K. Bonafede, CFA, President of Wilshire Consulting

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