EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC-Risk Surveys Features Interviews Indexes and Benchmarking FTSE EDHEC-Risk Efficient Index Series FTSE EDHEC-Risk ERAFP SRI Index EDHEC-Risk Alternative Indexes EDHEC IEIF Quarterly Commercial Property Index (France) Hedge Fund Index Research Equity Index Research Amundi "ETF, Indexing and Smart Beta Investment Strategies" Research Chair Rothschild & Cie "Active Allocation to Smart Factor Indices" Research Chair Index Regulation and Transparency ERI Scientific Beta Performance and Risk Reporting Hedge Fund Performance Performance Measurement for Traditional Investment CACEIS "New Frontiers in Risk Assessment and Performance Reporting" Research Chair Asset Allocation and Alternative Diversification Real Assets Meridiam Infrastructure/Campbell Lutyens "Infrastructure Equity Investment Management and Benchmarking" Research Chair Natixis "Investment and Governance Characteristics of Infrastructure Debt Instruments" Research Chair Société Générale Prime Services (Newedge) "Advanced Modelling for Alternative Investments" Research Chair CME Group "Exploring the Commodity Futures Risk Premium: Implications for Asset Allocation and Regulation" Strategic Research Project Asset Allocation and Derivative Instruments Volatility Research Eurex "The Benefits of Volatility Derivatives in Equity Portfolio Management" Strategic Research Project SGCIB "Structured Investment Strategies" Research ALM and Asset Allocation Solutions ALM and Private Wealth Management AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair Lyxor "Risk Allocation Solutions" Research Chair Merrill Lynch Wealth Management "Risk Allocation Framework for Goal-Driven Investing Strategies" Research Chair Ontario Teachers' Pension Plan "Advanced Investment Solutions for Liability Hedging for Inflation Risk" Research Chair Non-Financial Risks, Regulation and Innovations Risk and Regulation in the European Fund Management Industry Index Regulation and Transparency Best Execution: MiFID and TCA Mitigating Hedge Funds Operational Risks FBF "Innovations and Regulations in Investment Banking" Research Chair EDHEC-Risk Publications All EDHEC-Risk Publications EDHEC-Risk Position Papers IPE EDHEC-Risk Institute Research Insights AsianInvestor EDHEC-Risk Institute Research Insights P&I EDHEC-Risk Institute Research for Institutional Money Management Books EDHEC-Risk Newsletter Events Events organised by EDHEC-Risk Institute EDHEC-Risk Smart Beta Day Amsterdam 2017, Amsterdam, 21 November, 2017 EDHEC-Risk Smart Beta Day North America 2017, New York, 6 December, 2017 Events involving EDHEC-Risk Institute's participation EDHEC-Risk Institute Presentation Research Programmes Research Chairs and Strategic and Private Research Projects Partnership International Advisory Board Team EDHEC-Risk News EDHEC-Risk Newsletter EDHEC-Risk Press Releases EDHEC-Risk in the Press Careers EDHEC Risk Institute-Asia EDHEC Business School EDHEC-Risk Executive Education EDHEC-Risk Advances in Asset Allocation Blended Learning Programme 2017-2018 Yale School of Management - EDHEC-Risk Institute Certificate in Risk and Investment Management Yale SOM-EDHEC-Risk Harvesting Risk Premia in Alternative Asset Classes and Investment Strategies Seminar, New Haven, 5-7 February, 2018 Investment Management Seminars Contact EDHEC-Risk Executive Education Contact Us ERI Scientific Beta EDHEC PhD in Finance
Portfolio Management
The Handbook of Inflation Hedging Investments

Authors: Editor: Robert Greer
Editions: McGraw Hill
Pages: 320 pages
Date: February 2006
For average Americans over the past two-plus decades, inflation hasn't been viewed as a serious problem. What most don't realize is that, over that seemingly innocent period, the purchasing power of their money has been cut by almost half.

As a professional money manager or institutional investor, you know inflation is a legitimate concern that must be adequately addressed to protect long-term performance. The Handbook of Inflation Hedging Investments provides you with innovative techniques and strategies for building inflation-protection into virtually any diversified portfolio.

Articles written by executives at leading financial organizations reveal how money managers are actively offsetting the effects of inflation. They introduce you to the features and uses of numerous "real return" assets, including:
  • Inflation-linked bonds—strategies for creating and optimizing portfolios of inflation-linked bonds, with new insights into the expanding corporate inflation-linked bond and inflation derivatives markets
  • Exchange-traded inflation futures—current contract designs and products, including U.S. CPI futures and potential European HICP futures
  • Commodities and commodity indexes—the role of actively managed commodity strategies along with structural sources of potential return
  • Gold—the historic role of gold and trading strategies for vehicles including bullion, gold-related stocks, exchange-traded funds, futures, options, and structured products
  • Real estate—primary ownership structures, with new investment ideas and strategies for allocating among the four sectors of the real estate investment universe
  • Timberland—ways in which timberland can produce exceptional returns, along with practical advice for seamlessly integrating it into an investment portfolio
  • Energy—relationships between investments in different commodities and select financial benchmarks, with pros and cons of various energy-related alternatives
Author and editor Robert Greer, a premier global expert on using commodities to combat inflation in a portfolio, goes even further to explain the need for alternative assets. Greer discusses the importance of inflation hedging, which hedges work best, what percentages should be allocated to real return investments and to each specific investment, and more.

Inflation is not an anomaly; in fact, it is the natural by-product of a healthy economy. The key is to minimize the impact of inflation on long-term investment returns. The Handbook of Inflation Hedging Investments reveals how you can preserve client returns while protecting the purchasing power of those returns.

Hilary Till, Principal of Premia Capital Management LLC, and Research Associate at the EDHEC-Risk Institute, contributed a chapter to the book entitled, "Commodities—Active Strategies for Enhanced Return".