Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return?
Mini Dissertation (MBA)--University of Pretoria, 2024.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
University of Pretoria
2025
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613528234393600 |
|---|---|
| access_status_str | Open Access |
| author2 | Ward, Mike |
| author_browse | Ward, Mike |
| author_facet | Ward, Mike |
| collection | Thesis |
| dc_rights_str_mv | © 2024 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2024. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/101904 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:34.848Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/101904 Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? Ward, Mike ichelp@gibs.co.za Gerber, Llewellyn Mark UCTD Alternative Investments Collectables Diversification Risk-Weighted Return Whisky Mini Dissertation (MBA)--University of Pretoria, 2024. This dissertation investigates the potential impact of including whisky in investment portfolios alongside traditional asset classes for South African investors. It is the first study to analyse whisky returns, associated risks, and volatility, culminating in the creation of a composite whisky index for performance comparison. The research spans from 2014 to 2024 and evaluates various asset classes, including local and international equities, bonds, property, foreign exchange, commodities, and collectables. Findings reveal that whisky returns were superior up to 2022, primarily driven by reports on rare and exclusive whiskies, which are often inaccessible to average investors. Although the performance of these rare whiskies has since slowed, the Composite 18 whisky index has shown resilience and improvement over the past three years. The analysis further indicates that while whisky exhibits higher volatility than some peers, it maintains a low correlation with traditional assets. This suggests that whisky can be an effective diversification tool, potentially enhancing South African investors' risk-weighted returns. The research concludes that incorporating whisky into investment strategies may provide a valuable hedge against market fluctuations and contribute positively to portfolio performance. Gordon Institute of Business Science (GIBS) MBA Unrestricted Gordon Institute of Business Science (GIBS) SDG-08:Decent work and economic growth SDG-09: Industry, innovation and infrastructure SDG-16:Peace,justice and strong institutions SDG-17:Partnerships for the goals 2025-04-08T09:54:00Z 2025-04-08T09:54:00Z 2025-05-05 2024-11 Mini Dissertation * A2025 http://hdl.handle.net/2263/101904 en © 2024 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Alternative Investments Collectables Diversification Risk-Weighted Return Whisky Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title | Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title_full | Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title_fullStr | Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title_full_unstemmed | Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title_short | Can introducing whisky into a portfolio of traditional investments increase the portfolio’s risk-weighted return? |
| title_sort | can introducing whisky into a portfolio of traditional investments increase the portfolio s risk weighted return |
| topic | UCTD Alternative Investments Collectables Diversification Risk-Weighted Return Whisky |
| url | http://hdl.handle.net/2263/101904 |