RT Journal Article
SR Electronic
T1 An Examination of Diamonds as an Alternative<br/>Asset Class: <em>Do They Have What It Takes to Make a</em>
               <br/>
               <em>Portfolio Sparkle?</em>
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 67
OP 74
DO 10.3905/jwm.2012.15.3.067
VO 15
IS 3
A1 Kenneth Small
A1 Jeff Smith
A1 Erika Small
YR 2012
UL https://pm-research.com/content/15/3/67.abstract
AB The authors conduct an analysis of diamonds as an investable asset. They discuss the literature of alternative asset class investing and how diamonds fit into this investment framework. After examining the correlation of diamonds with several financial indices and a set of metal commodities, they demonstrate the ability of diamonds to enhance portfolio returns through diversification. They conclude by demonstrating the ability of a diamond return index to provide superior risk-adjusted returns.TOPICS: Commodities, portfolio construction, performance measurement