The chapter "Energy Index Tracking" was written by Prof. Kostas Andriosopoulos in the Commodity Investing and Trading book and edited by Stinson Gibner, a nineteen-year veteran in energy risk management and trading.
About the book
In a world where commodities are increasing in importance due to the growth in emerging markets, issues over fossil fuels, renewable energy, rare earths, inflation, and precious metals (amongst many other issues), the necessity of this book is greater than at any time since the 1970s. The growing knowledge that commodities can be an effective tool for portfolio diversification has increased their desirability, and the volatility in these markets has necessitated a greater knowledge of their machinations.
Commodity Investing and Trading covers the full spectrum of investable commodity markets in order to give you a solid grounding in the nature and drivers of these markets. The book gives an overview of the fundamental risk drivers for the main commodity classes and issues pertaining to their transportation, storage and infrastructure; historical price perspectives and location pricing; a rationale of index investing and recent advances in index construction; the current trading strategies applicable to commodities; and key concerns for the coming decade.
You are provided with broad-based expertise in these highly dynamic markets, regardless of your level of experience. The investor will become knowledgeable about the opportunities in these markets along with characteristics of each market segment and cautionary articles on how to avoid pitfalls. The novice trader will find a solid introduction to market fundamentals as well as a sample of typical strategies used in each market.
All readers will be provided with insight and practical knowledge on the commodity markets that could otherwise only be obtained by directly working for natural-resource-focused trading and investing companies.
Commodity Investing and Trading is the comprehensive guide to understanding and evaluating trading and investing opportunities in the commodities markets, with chapters written by established industry experts in commodities research.