Active vs Passive Investing – Looking at 2013 Mid-Year Results

The past 12 months ending June 30 saw an impressive rally in the domestic equity markets with S&P 500, S&P MidCap 400 and S&P SmallCap 600 posting double digit gains.  During that period, the majority of active managers in all the categories except small cap growth underperformed their benchmarks.  The SPIVA 2013 mid-year report shows Read more […]

Who’s Calculating Your Index?

Most investors assume that ETFs are passive investment tools tracking independently calculated indices, that premise has arguably been one of the key factors driving the popularity of ETFs.  In the past investors and advisors could be confident about their understanding of an ETF by reviewing the rules governing the underlying index.  To a large extent Read more […]

Something you should know about dim sum bond market

I am sure you have probably heard of, or even tried the Cantonese delicacies dim sum. While many people have a good knowledge of Barbecue Pork Bun or Siu Mai Dumplings, not many can tell exactly what is in the dim sum bond market. Dim sum bonds are the debts that issued in the offshore Read more […]

Your Expectations Are Being Managed… by the Fed

Economists agree that what people expect the future to bring helps determine the economy’s future.  Expect prices to rise? Buy in advance.   Expect everyone to invest in that hot stock?  Go online and buy the stock now. Expect the Fed to keep interest rates so low money is almost free? Take some risks, buy that Read more […]

Fixed Income Laddering

The Federal Reserve’s decision to continue its monthly stimulus purchases on Sept. 18, 2013, had a euphoric effect on the markets, as the S&P 500 immediately rose from 1702 to 1715, eventually closing the day at 1726. Treasuries reacted to the news in the same way, as yields on the 10-year Treasury went from 2.86% Read more […]

Municipal Bonds Bounce Off Bottom

The US Municipal bond market has bounced off its recent bottom even as two anchors continue to weigh it down: Puerto Rico and tobacco settlement bonds. Investment grade tax-exempt bonds tracked in the S&P National AMT-Free Municipal Bond Index have seen a 2.32% positive total return since it’s year to date low on September 5th Read more […]

JOIN US! LIVE-WEBCAST – S&P Dow Jones 7th Annual Commodities Seminar

Please click here to register for our live-streaming of S&P Dow Jones Indices half-day complimentary seminar which has become Europe’s annual meeting point for commodity aficionados in less than a decade. It is the perfect opportunity for all who can’t attend in-person to join us and other leading industry professionals for an afternoon of education and Read more […]

If it ain’t broke, don’t VIX it

Within the last week, we’ve read about threats of another war in the Middle East, collapsing currencies across emerging markets, imminent rumblings of yet another Greek bailout.  As of this writing, there is one day left until the Fed’s much anticipated pronouncement on the “end” of QE.  Talk abounds of September being the worst month Read more […]

Capturing Global Flows: the S&P WCI

Commodity indices have seen tremendous success as investors look for asset diversification in their portfolio; simple exposure to the asset class; or even a hedge against inflation. Historically, the main commodity indices have been very much US centred and predominately denominated in USD. Why? The main reason is that these indices use exchange traded commodity Read more […]

Skipping Dessert?! Coffee, Sugar, Cocoa OR Bear, Bear, Bull

Sorry, grains and meats, you are not one of the four main food groups. Since this is the case, eating may have just become more expensive, especially for the high-end chocolate lover. Not me of course… but once again, as a commodity lady, when I consume goods (or goodies) and notice that prices are increasing Read more […]