Date of Award
Spring 2021
Degree Name
Bachelor of Science (BS)
Advisor(s)
Kevin Mirabile
Abstract
The purpose of this study is to analyze whether the positive portfolio effects associated with traditional alternative investments and investments directly in exotic assets such as life insurance policies and collectible Ferraris extend to publicly traded ETFs and equities. In this study, we evaluated returns, correlations, and alpha associated with a basket of eight exotic categories of tradeable ETFs and equities. Our findings indicate that retail exotics exhibit positive portfolio effects and generally low correlations relative to the S&P500 and traditional alternative investments.
Recommended Citation
Josef, Jonathan, "Practical Applications of Liquid Exotic Alternative Investments in Portfolio Construction" (2021). Gabelli School of Business Honors Thesis Collection. 57.
https://research.library.fordham.edu/gabelli_thesis/57
