Media contributions
1Media contributions
Title Diamonds: A rising asset class Degree of recognition International Media name/outlet Singapore Diamond Investment Exchange Media type Print Country/Territory Singapore Date 1/12/15 Description Low, Yao and Faff (2015) added Rhodium to the existing precious
metal group (Silver, Gold, Palladium and Platinum) and high quality
physical diamond prices to their analyses. Low, Yao and Faff found that
that 1.0 carat D flawless diamonds stood out as a strong hedge and as
a safe haven asset. During the global financial crisis of 2008, the
authors found that the price of 1.0 carat diamonds experienced the
least volatility and in particular, 1.0 carat D flawless diamonds rose in
price when financial markets collapsed.
The authors found that physical diamonds provided satisfactory
performance when markets are the most volatile and should be
included in a portfolio for their downside hedging potential. A strong
negative correlation is seen in top quality flawless diamonds and
international equity markets. Hence, one of the key advantages of
holding top quality physical diamonds is that they continue to have a
strong store of value, providing price stability and possibly even
appreciation during periods of market turmoil.Persons Rand Low