Andrew Innes

Senior Analyst, Global Research & Design
S&P Dow Jones Indices
Biography

Andrew Innes is Senior Analyst, Global Research & Design (EMEA), at S&P Dow Jones Indices (S&P DJI). The group provides research on global index strategies across all asset classes and is responsible for the conceptualization and design of new index products.

Prior to joining the Global Research & Design team in 2016, Andrew worked in S&P DJI’s Custom Index Development group, where he constructed index models to back-test and maintain a wide range of custom indices. Before that, Andrew worked in Portfolio Strategy and Equity Research at ISI Group, Relative Equity Analytics, and MainFirst Bank.

Andrew graduated from Loughborough University with a Bachelor of Engineering (Hons) in Automotive Engineering.

Author Archives: Andrew Innes

SPIVA Europe Mid-Year 2017 Scorecard: Active Versus Passive – Consistency Is Key

It’s that time of the year and the highly anticipated SPIVA Europe Mid-Year 2017 Scorecard is out.  European active fund managers are no doubt apprehensively looking to see how their industry is competing with the performance of their respective S&P DJI benchmark indices. At first glance, active proponents may breathe a sigh of relief for Read more […]

Ingredients in a Multi-Factor Recipe

In our previous blog on multi-factor merits, we discussed the diversification benefits of combining equity factors.  We highlighted how multi-factor indices may generate more stable excess returns, while avoiding the risks inherent in timing factors.  But to achieve this, can market participants just throw lots of factors into a pot and hope for the best? Read more […]

Multi-Factor Merits: Are You Putting All Your Eggs in One Single-Factor Basket?

It is undeniable that an individual investor would need considerable skill (or luck) to navigate optimally between the various single-factor equity strategies.  If the goal is to outperform the benchmark, then simply choosing between a quality, value, momentum, or low volatility strategy may present the biggest risk.  While they all have been shown to hold Read more […]