PT - JOURNAL ARTICLE AU - Kenneth Small AU - Jeff Smith AU - Erika Small TI - 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> AID - 10.3905/jwm.2012.15.3.067 DP - 2012 Oct 31 TA - The Journal of Wealth Management PG - 67--74 VI - 15 IP - 3 4099 - https://pm-research.com/content/15/3/67.short 4100 - https://pm-research.com/content/15/3/67.full 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