Inflation: Lessons from the 2000s While Preparing for the 2020s – USCF Investments – 8.30.23

Summary:

Now On Demand

Inflation has become a large concern for investors after appearing to be unimportant during the 2010’s. Following the sharp rise in inflation during 2021, policy experts insisted that this was just “transitory”, which turned out to be categorically wrong. Both stocks and bonds declined at the same time during 2022 and then reversed this trend during the first half of 2023. Is the inflation issue resolved, or do allocators need to reconsider asset allocation for the coming decade? Commodities have historically performed well during inflationary episodes, and we will review both the long-term history and recent market performance of traditional assets and inflation, highlighting the important role commodities can provide to diversified investment portfolios.

Speakers:

Maya is the Head of Distribution for USCF. Maya has over 20 years of experience in asset management and is responsible for expanding the firm’s distribution and business development efforts. Prior to joining USCF, Maya was at Brandes Investment Partners where she served as National Accounts Manager, Associate Portfolio Manager and Product Coordinator for the Small Cap and Canadian Portfolios. Maya received her BSBA in Finance from San Diego State University. She holds a Series 3 registration with the NFA as well as FINRA Series 6,7, and 63. Maya is a registered representative of ALPS Distributors, Inc.

Kurt is the CEO and Founder of SummerHaven. He previously ran the commodity index business for UBS and led the successful effort to acquire and integrate AIG’s commodity index business. Prior to joining UBS, Kurt structured commodity index and equity derivative solutions for clients of AIG Financial Products. SummerHaven Index Management, LLC creates innovative fundamental indexes focused on providing investors with better risk-adjusted returns than traditional indexes. The firm is led by a seasoned management team with over 110 years of collective financial markets experience with commodity futures, equity and fixed income markets. USCF has partnered with SummerHaven on several funds including the United States Commodity Index Fund (USCI), the United States Copper Index Fund (CPER), the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and the USCF Gold Strategy Plus Income Fund (GLDX).

Geert specializes in empirical finance and asset pricing. His research interests include risk and return in international equity markets, commodity investments, and the history of financial innovation. He has held visiting positions at MIT and the IMF. His co-edited book The Origins of Value: The Financial Innovations that Created Modern Capital Markets surveys key historical innovations in the field of finance, and was named a book of the year by Barron’s and the Economist.