2026-09-23T23:44:36Zhttps://openrepository.aut.ac.nz/server/oai/requestoai:openrepository.aut.ac.nz:10292/13462026-06-13T16:10:31Zcom_10292_3col_10292_476
AUT Research Repository
advisor
Tourani-Rad, Alireza
author
Koleini, Abbas
2011-06-28T22:17:21Z
2011-06-28T22:17:21Z
2011
https://hdl.handle.net/10292/1346
This study investigates the diversification opportunity for investing in carbon credits from a New Zealand investor’s perspective. Investment in carbon credits, a relatively new commodity, is considered an alternative form of investment. The selected model, one of four, for evaluating the diversification opportunity is Minimum Variance Portfolio Optimisation using the shrinkage method. Comparing resultsfor the period from January 2006 to January 2010 has shown more diversification in the portfolio with the carbon commodity,in comparison to the same portfolio without the carbon commodity(Carbon credit in Europe).
en
Portfolio diversification
Emission markets
Carbon markets
Minimum Variance Portfolio Optimisation
Shrinkage method
Investment
Portfolio diversification; benefits of investing in Carbon Markets from a New Zealand investor perspective
Thesis
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URL
https://openrepository.aut.ac.nz/bitstreams/867b380c-7f72-4552-b100-09118307a577/download
File
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application/pdf
KoleiniA.pdf
URL
https://openrepository.aut.ac.nz/bitstreams/9f7b053d-a713-4c3c-8a65-29b040eaf55c/download
File
MD5
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KoleiniA.pdf.txt