Tag Archives: Kensho
The Ethics of Artificial Intelligence
The ever-evolving artificial intelligence (AI) landscape has generated excitement, interest and investment; it has also triggered important questions regarding AI’s impact on businesses, on investment portfolios, on society and on the environment. When factoring in elements such as the high energy requirements of training large language models (LLMs), direct and indirect emissions and the diversity…
- Categories Thematics
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Why is Passive Investing on the Rise in South Africa?
Explore what’s driving increased interest in indexing and the growing role of custom index solutions in South Africa with S&P DJI’s Marius Baumann and Chris Rule of 10X Investments.
- Categories Equities
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2024 World Economic Forum: Key Themes to Watch
The author would like to thank Vidushan Ragukaran and Ari Rajendra for their contributions to this blog. The 2024 World Economic Forum (WEF) that took place at Davos-Klosters in mid-January attracted over 60 heads of state and government leaders. There was a consistent emphasis on AI and cybersecurity risk governance, a renewed focus on…
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S&P DJI Kensho Goes Global
The advent of language models and generative AI has overhauled the process of generating actionable structured data from unstructured text documents and enhanced our ability to glean and categorize information from previously hard-to-access sources. As we see increasing demand for new ways to slice the market based on machine learning-based insights, S&P Dow Jones Indices…
- Categories Thematics
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Why Indexing Can Be Applied to Thematics
Index funds, which hardly existed 50 years ago, now play a prominent role in global financial markets. But passive investing does not dominate in every market segment. Recently, we have seen exponential growth in so-called “thematic” investing, with a proliferation of themes in areas like cybersecurity, robotics and electric vehicles. This more granular space is…
- Categories Thematics
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Face-to-Face with the Metaverse
Metaverse on the Runway to Reality S&P DJI recently launched the S&P Kensho Metaverse Index, which is designed to track the growing group of technologies under the metaverse banner. The origin story of the metaverse can be traced back to a science fiction novel in the early ‘90s. Since then, it has seen many reincarnations…
Kensho Correlations
The Wall Street Journal reported that many active managers struggled to outperform the market in 2021. This underperformance is not surprising, as we observed less than ideal prospects last year for active management both in the U.S. and globally. Dispersion and correlation provide convenient lenses through which to analyze stock selection conditions. All else equal,…
Moonshots: A Proposition for 2022 and Beyond
The S&P Kensho Moonshots Index (the Moonshots index) is an innovative strategy that aims to gain exposure to the most innovative companies in their early stages of growth.1 Our earlier publication2 showcased the ability of the Moonshots index to harvest the premium of early-stage innovation companies versus their more established counterparts. Innovation as a theme…
- Categories Thematics
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Smart Factories to the Supply Rescue
With the global economy ramping up from the depths of the COVID-19 pandemic, labor shortages and supply chain bottlenecks are hampering manufacturers. Fortunately, there is relief on the way. Digitalization is sweeping through manufacturing plants and transforming today’s sleepy mills into the smart factories of tomorrow. The catalysts include several of the technological forces driving…
Moonshots: Catching Lightning in a Bottle?
We introduced the S&P Kensho Moonshots Index (the Moonshots index) and its constituent next-generation innovators in our previous blog. An express intent of the index is to identify innovative companies early in their gestation, when the opportunities for rapid growth may be higher. In this blog, we examine how effective the index is at capturing…
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