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.The S&P Indices Versus Active (SPIVA) Europe Year-End 2017 Scorecard is composed of a rich dataset of active fund performance figures and insights for those wishing to participate in the active versus passive debate. The coverage and detail in the report may be extensive, but the conclusions needn’t be complex. By visualizing the data as Read more […]
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 […]
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 […]
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 […]