In this paper, we note how a set of active commodity strategies could potentially add value to an investor's commodity allocation. But we also emphasize the due care that must be taken in both risk management and implementation discipline

This article provides a step-by-step primer on how to design a commodity futures trading program. A prospective commodity manager must not only discover trading strategies that are expected to be generally profitable, but must also be careful regarding each strategy's correlation properties...

This paper will cover investing in commodities through futures contracts. It will note the unique sources of risk and return for such investments. We will also discuss the factors that one should take into consideration before deciding upon how much of their portfolio should be in commodities....

The focus of this paper will be on risk management within the context of a total-return futures program centered on commodities. The following issues will be addressed: the evaluation of normal versus eventful risk; the sizing of trades and strategy buckets; and the construction of a portfolio,...