John Welling is Associate Director of Equity Indices at S&P Dow Jones Indices (S&P DJI). He supports the equity indices product management team’s efforts in developing new benchmarks for market participants and promoting their use among global clients.
Prior to joining S&P DJI, John was Assistant Vice President of Structured Product Sales at HSBC, where he was responsible for improving dealer relationships and developing product distribution strategies.
John holds a bachelor’s degree in Business Management from Brigham Young University.Information Technology and Financial Sectors Biggest Contributors Global S&P and Dow Jones Shariah-compliant benchmarks outperformed their conventional counterparts in Q1 2019 as Information Technology—which tends to be overweight in Islamic indices—finished the quarter at the top of the sector leaderboard while Financials—which is underrepresented in Islamic indices—underperformed the broader market. The S&P Global BMI Shariah Read more […]
Despite weak Canadian equity market returns this year, REITs have continued their long-term outperformance. The benchmark S&P/TSX Composite has fallen 8.5% on a total return basis through Dec. 18, 2018, while the S&P/TSX Capped REIT continues to be a bright spot, gaining 8.8% over the same period—a difference of over 17%. Market analysts tend to Read more […]
The returns of two liquid equity benchmarks in South Africa with the same target market have been significantly different YTD as of Oct. 26, 2018. Over the period, the S&P South Africa 50 has declined 8.8% while the FTSE/JSE Top 40 has fallen 12.6%—a difference of over 380 bps—a considerable performance gap over a fairly Read more […]
The S&P Global 1200 can’t stay the same. Along with the S&P 500® and other headline indices from S&P DJI, many companies within the S&P Global 1200 will be given new sector assignments due to the upcoming Sept. 24, 2018, GICS® updates. The most visible change will be the renaming of the Telecommunication Services sector Read more […]
U.S. REITS have been lagging broad U.S. equities. During the recent climb in 10-year Treasury yields from the 2018 low of 2.41% on January 2, to as high as 2.94% on February 21, the Dow Jones U.S. Select REIT Index declined 11.2%. Though we have found that REITS have generally fared well over full cycles Read more […]
The Dow Jones China 88 Index has recorded the ups and downs of the large-cap mainland China market for more than 20 years. Launched in 1996, the index was one of the first large-cap A-share benchmarks available in the market and therefore is unique in the length of its live, consistent track record. Let’s revisit Read more […]
We have previously taken a dive into performance differences between Australian market cap segments and observed that mid caps offer a “sweet spot” for market participants. Year-to-date, this message continues to resonate—the S&P/ASX MidCap 50 has returned 10.1% as of July 13, 2017. Meanwhile, corresponding large-, small-, and broad market indices have returned measurably less Read more […]