Lalit Ponnala
Director, Global Research & Design, S&P Dow Jones Indices
Introducing the S&P Multi-Asset Dynamic Inflation Strategy Index – Part 2
In a previous blog, we highlighted the objective of the S&P Multi-Asset Dynamic Inflation Strategy Index and summarized its methodology. We justified our strategy choice for each inflation regime (high, medium, low) and illustrated how the index dynamically switches between these strategies based on a monthly inflation forecast. In this blog, we will take a…
Comparing Bottom-Up versus Top-Down Multi-Factor Construction
The S&P 500® Quality, Value & Momentum Multi-Factor Index is designed to measure the performance of stocks having the highest combination of quality, value, and momentum (QVM). It takes a “bottom-up” approach of scoring each stock on its individual factor attributes and selecting stocks that jointly score highest across all the factors [1]. In light…