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Please use this identifier to cite or link to this item:
http://purl.umn.edu/139663
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| Title: | To Save or Savour: A Review of Wine Investment |
| Authors: | Fogarty, James Joseph
Sadler, Rohan |
| Authors (Email): | Fogarty, James J. (James.Fogarty@uwa.edu.au) |
| Keywords: | Alternative Assets
Portfolio Optimisation |
| Issue Date: | 2012-11-23 |
| Series/Report no.: | Working Paper
1212 |
| Abstract: | It has been argued that adding wine to an investment portfolio provides a diversification benefit. There is not, however, agreement on how the return to wine should be estimated. Nor is there agreement on a standard approach to test for a diversification benefit. By considering different approaches to estimating the return to wine and testing for a diversification benefit it is shown that claims wine provides a diversification benefit should be treated with caution. |
| URI: | http://purl.umn.edu/139663 |
| Institution/Association: | University of Western Australia, School of Agricultural and Resource Economics>Working Papers |
| Total Pages: | 33 |
| Collections: | Working Papers
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Files in This Item:
| File |
Description |
Size | Format |
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| WP120012.pdf | | 1474Kb | PDF | View/Open |
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