Sara Pineros
Quantitative Analyst, Index Investment Strategy, S&P Dow Jones Indices
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S&P DJI combines global reach with local expertise, working with exchanges around the world to build indices for both the local and international investment communities.
For over 20 years, our renowned SPIVA research has measured actively managed funds against their index benchmarks worldwide.
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For over 20 years, our renowned SPIVA research has measured actively managed funds against their index benchmarks worldwide.
Register to attend complimentary webinars and deepen your knowledge of current trends and issues impacting the index universe today.
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Quantitative Analyst, Index Investment Strategy, S&P Dow Jones Indices
Sara Pineros is a Quantitative Analyst, Index Investment Strategy at S&P Dow Jones Indices (S&P DJI). The Index Investment Strategy team provides research and commentary on the entire S&P DJI product set, including U.S. and global equities, commodities, fixed income and economic indices.
Prior to joining S&P DJI in 2025, Sara worked as an Economist at Cebr, where she was part of the Forecasting and Thought Leadership team. Previously, Sara spent two years as an Economist at Statistics Canada’s Macroeconomic Accounts before moving to London.
Sara holds an MSc in international public policy from the London School of Economics, a Master of Arts degree in economics from the University of Toronto and a Bachelor of Commerce degree in economics from McGill University.
Just as Latin American musicians dominated global charts in 2025, the region’s equities delivered quite the performance last year. While markets navigated shifting interest rates and economic transitions, Latin America stood out as a top-performing region worldwide. The S&P Latin America BMI hit a high note, surging by 53.8% for the year, outperforming the S&P…
Despite a strong year for global equities in 2025, most active funds in Europe struggled to outperform their benchmarks. According to the latest SPIVA® Europe Year-End 2025 Scorecard, 81.8% of active equity funds lagged their benchmarks over the past year, rising to 97.0% over the 10-year period.1 The France Equity fund category offered a notable…
Looking back at 2025, some key themes emerged and drove many market conversations. Many different themes—including the rise of artificial intelligence (AI), tariffs, risk of inflation and a focus on defense—set against a backdrop of broader macroeconomic, geopolitical and technological changes created a period of increased market uncertainty across industries. Volatility, as measured by VIX®,…