Tag Archives: indicize
SPIVA and the Case for Indexing
What’s driving the rise of passive investing? Take a deep dive into the active vs. passive debate as S&P DJI’s Craig Lazzara explores what two decades of SPIVA has to say about why active has historically tended to underperform passive around the world.
- Categories Equities
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- Equities
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A Way of Seeing
A wise man told me years ago that sometimes the things we see are less important than our way of seeing. As more formerly-active investors begin to use passive vehicles, it’s useful to consider if there’s a distinctly index-centric way of seeing, and what its elements might be. I think that there are at least…
- Categories Equities, Factors, S&P 500 & DJIA
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Indicizing Income
This morning’s Wall Street Journal described one aspect of the “Brave New World” occasioned by ultra-low (or negative) interest rates: Tellingly, strategists at Citigroup have created a basket of stocks for what they call “bond refugees”—investors who want yield but without the big swings in prices associated with equities. To do so, they looked for stocks…
- Categories Equities, Factors, S&P 500 & DJIA, Strategy
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- Equities, Factors, S&P 500 & DJIA, Strategy
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Coming Soon to a Dictionary Near You
It may have been 30 years ago, in the early days of stock index futures, that the verb “equitize” (and its cognate noun, “equitization“) came into relatively common use. The term, if Dr. Johnson will forgive me, meant “to provide equity returns without purchasing equity securities.” Typically this was accomplished by buying S&P 500 futures — if I…
- Categories Equities, S&P 500 & DJIA, Strategy
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