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Private equity investment in technologies which deliver low carbon energy has grown as an area of both economic and social performance. This article offers a perspective on some of the challenges in the industry. It relies on case studies drawn...
Journal of Alternative Investments
The Journal of Alternative Investments is the official publication of the Chartered Alternative Investment Analyst (CAIA) Association. Founded in 1998, JAI is the leading source of cutting-edge research and analysis in the field of alternative investments. Topics covered include asset allocation, risk management, indexing, regulation, and taxation, among a variety of others.
In addition to a free subscription to the Journal of Alternative Investments, CAIA members receive discounts for a number of Institutional Investor publications.
Journal of Alternative Investments
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investments include core real estate—the passive management of existing income generating properties—as well as value-added and opportunistic investments that focus on the active development of existing and new properties. Both forms of investment...
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This article examines whether VIX futures prices are unbiased and efficient predictors of the VIX index. The particular empirical analysis differs from the usually applied tests in that it uses a panel estimation approach. Panel regression has...
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This article explores the classification of carbon futures, often considered to be a type of energy commodity futures from the energy-emission relationship, by examining the characteristics of carbon futures prices. The author presents a carbon...
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Shareholder activism by hedge funds became a major corporate governance phenomenon in the United States in the 2000s. This article puts the trend into context by introducing a heuristic device referred to as “the market for corporate influence” to...
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Since hedge fund returns are not normally distributed, mean–variance optimization techniques are not appropriate and should be replaced by optimization procedures incorporating higher-order moments of portfolio returns. In this context, optimal...