[{"display":"Craig Lazzara","title":"Managing Director, Core Product Management","image":"\/wp-content\/authors\/craig_lazzara-353.jpg","url":"https:\/\/www.indexologyblog.com\/author\/craig_lazzara\/"},{"display":"Fei Mei Chan","title":"Director, Core Product Management","image":"\/wp-content\/authors\/feimei_chan-214.jpg","url":"https:\/\/www.indexologyblog.com\/author\/feimei_chan\/"},{"display":"Tim Edwards","title":"Managing Director, Index Investment Strategy","image":"\/wp-content\/authors\/timothy_edwards-368.jpg","url":"https:\/\/www.indexologyblog.com\/author\/timothy_edwards\/"},{"display":"Hamish Preston","title":"Director, U.S. Equity Indices","image":"\/wp-content\/authors\/hamish_preston-436.jpg","url":"https:\/\/www.indexologyblog.com\/author\/hamish_preston\/"},{"display":"Fiona Boal","title":"Head of Commodities and Real Assets","image":"\/wp-content\/authors\/fiona_boal-317.jpg","url":"https:\/\/www.indexologyblog.com\/author\/fiona_boal\/"},{"display":"Berlinda Liu","title":"Director, Multi-Asset Indices","image":"\/wp-content\/authors\/berlinda_liu-191.jpg","url":"https:\/\/www.indexologyblog.com\/author\/berlinda_liu\/"},{"display":"Anu Ganti","title":"Senior Director, Index Investment Strategy","image":"\/wp-content\/authors\/anu_ganti-349.jpg","url":"https:\/\/www.indexologyblog.com\/author\/anu_ganti\/"},{"display":"Jim Wiederhold","title":"Director, Commodities and Real Assets","image":"\/wp-content\/authors\/jim.wiederhold-380.jpg","url":"https:\/\/www.indexologyblog.com\/author\/jim-wiederhold\/"},{"display":"Koel Ghosh","title":"Head of South Asia","image":"\/wp-content\/authors\/koel_gosh-372.jpeg","url":"https:\/\/www.indexologyblog.com\/author\/koel_gosh\/"},{"display":"Phillip Brzenk","title":"Head of Multi-Asset Indices","image":"\/wp-content\/authors\/phillip_brzenk-325.jpg","url":"https:\/\/www.indexologyblog.com\/author\/phillip_brzenk\/"},{"display":"Aye Soe","title":"Managing Director, Global Head of Core and Multi-Asset Product Management","image":"\/wp-content\/authors\/aye_soe-350.jpg","url":"https:\/\/www.indexologyblog.com\/author\/aye_soe\/"},{"display":"Howard Silverblatt","title":"Senior Index Analyst, Product Management","image":"\/wp-content\/authors\/howard_silverblatt-197.jpg","url":"https:\/\/www.indexologyblog.com\/author\/howard_silverblatt\/"},{"display":"Michael Orzano","title":"Senior Director, Global Equity Indices","image":"\/wp-content\/authors\/Mike.Orzano-231.jpg","url":"https:\/\/www.indexologyblog.com\/author\/mike-orzano\/"},{"display":"John Welling","title":"Director, Global Equity Indices","image":"\/wp-content\/authors\/john_welling-246.jpg","url":"https:\/\/www.indexologyblog.com\/author\/john_welling\/"},{"display":"Wenli Bill Hao","title":"Senior Lead, Strategy Indices","image":"\/wp-content\/authors\/bill_hao-351.jpg","url":"https:\/\/www.indexologyblog.com\/author\/bill_hao\/"},{"display":"Maria Sanchez","title":"Director, ESG Index Product Strategy, Latin America","image":"\/wp-content\/authors\/maria_sanchez-243.jpg","url":"https:\/\/www.indexologyblog.com\/author\/maria_sanchez\/"},{"display":"Silvia Kitchener","title":"Director, Global Equity Indices, Latin America","image":"\/wp-content\/authors\/silvia_kitchener-271.jpg","url":"https:\/\/www.indexologyblog.com\/author\/silvia_kitchener\/"},{"display":"Reid Steadman","title":"Managing Director, Global Head of ESG & Innovation","image":"\/wp-content\/authors\/reid_steadman-328.jpg","url":"https:\/\/www.indexologyblog.com\/author\/reid_steadman\/"},{"display":"Shaun Wurzbach","title":"Managing Director, Head of Commercial Group (North America)","image":"\/wp-content\/authors\/shaun_wurzbach-200.jpg","url":"https:\/\/www.indexologyblog.com\/author\/shaun_wurzbach\/"},{"display":"Akash Jain","title":"Director, Global Research & Design","image":"\/wp-content\/authors\/akash_jain-348.jpg","url":"https:\/\/www.indexologyblog.com\/author\/akash_jain\/"},{"display":"Ved Malla","title":"Associate Director, Client Coverage","image":"\/wp-content\/authors\/ved_malla-347.jpg","url":"https:\/\/www.indexologyblog.com\/author\/ved_malla\/"},{"display":"Jaime Merino","title":"Director, Asset Owners Channel","image":"\/wp-content\/authors\/jaime_merino-384.jpg","url":"https:\/\/www.indexologyblog.com\/author\/jaime_merino\/"},{"display":"Rupert Watts","title":"Senior Director, Strategy Indices","image":"\/wp-content\/authors\/rupert_watts-366.jpg","url":"https:\/\/www.indexologyblog.com\/author\/rupert_watts\/"},{"display":"Jason Giordano","title":"Director, Fixed Income, Product Management","image":"\/wp-content\/authors\/jason_giordano-378.jpg","url":"https:\/\/www.indexologyblog.com\/author\/jason_giordano\/"},{"display":"Qing Li","title":"Director, Global Research & Design","image":"\/wp-content\/authors\/qing_li-190.jpg","url":"https:\/\/www.indexologyblog.com\/author\/qing_li\/"},{"display":"Ben Leale-Green","title":"Associate Director, Research & Design, ESG Indices","image":"\/wp-content\/authors\/ben_leale-green-342.jpg","url":"https:\/\/www.indexologyblog.com\/author\/ben_leale-green\/"},{"display":"Priscilla Luk","title":"Managing Director, Global Research & Design, APAC","image":"\/wp-content\/authors\/priscilla_luk-228.jpg","url":"https:\/\/www.indexologyblog.com\/author\/priscilla_luk\/"},{"display":"Liyu Zeng","title":"Director, Global Research & Design","image":"\/wp-content\/authors\/liyu_zeng-252.png","url":"https:\/\/www.indexologyblog.com\/author\/liyu_zeng\/"},{"display":"Sharon Liebowitz","title":"Head of Innovation","image":"\/wp-content\/authors\/sharon_liebowitz-423.jpg","url":"https:\/\/www.indexologyblog.com\/author\/sharon_liebowitz\/"},{"display":"Sherifa Issifu","title":"Senior Analyst, U.S. Equity Indices","image":"\/wp-content\/authors\/sherifa_issifu-493.png","url":"https:\/\/www.indexologyblog.com\/author\/sherifa_issifu\/"},{"display":"Brian Luke","title":"Senior Director, Head of Fixed Income Indices - Americas","image":"\/wp-content\/authors\/brian.luke-344.png","url":"https:\/\/www.indexologyblog.com\/author\/brian-luke\/"},{"display":"Andrew Innes","title":"Head of EMEA, Global Research & Design","image":"\/wp-content\/authors\/andrew_innes-189.jpg","url":"https:\/\/www.indexologyblog.com\/author\/andrew_innes\/"},{"display":"Barbara Velado","title":"Senior Analyst, Research & Design, ESG Indices","image":"\/wp-content\/authors\/barbara_velado-413.jpg","url":"https:\/\/www.indexologyblog.com\/author\/barbara_velado\/"},{"display":"Michael Mell","title":"Senior Director, Custom Indices","image":"\/wp-content\/authors\/michael_mell-362.jpg","url":"https:\/\/www.indexologyblog.com\/author\/michael_mell\/"},{"display":"Benedek V\u00f6r\u00f6s","title":"Director, Index Investment Strategy","image":"\/wp-content\/authors\/benedek_voros-440.jpg","url":"https:\/\/www.indexologyblog.com\/author\/benedek_voros\/"},{"display":"Izzy Wang","title":"Analyst, Strategy Indices","image":"\/wp-content\/authors\/izzy.wang-326.jpg","url":"https:\/\/www.indexologyblog.com\/author\/izzy-wang\/"},{"display":"Rachel Du","title":"Senior Analyst, Global Research & Design","image":"\/wp-content\/authors\/rachel_du-365.jpg","url":"https:\/\/www.indexologyblog.com\/author\/rachel_du\/"},{"display":"George Valantasis","title":"Associate Director, Strategy Indices","image":"\/wp-content\/authors\/george-valantasis-453.jpg","url":"https:\/\/www.indexologyblog.com\/author\/george-valantasis\/"},{"display":"Jason Ye","title":"Director, Strategy Indices","image":"\/wp-content\/authors\/Jason%20Ye-448.jpg","url":"https:\/\/www.indexologyblog.com\/author\/jason-ye\/"},{"display":"Cristopher Anguiano","title":"Senior Analyst, U.S. Equity Indices","image":"\/wp-content\/authors\/cristopher_anguiano-421.jpg","url":"https:\/\/www.indexologyblog.com\/author\/cristopher_anguiano\/"},{"display":"Sean Freer","title":"Director, Global Equity Indices","image":"\/wp-content\/authors\/sean_freer-490.jpg","url":"https:\/\/www.indexologyblog.com\/author\/sean_freer\/"},{"display":"Jaspreet Duhra","title":"Managing Director, Global Head of Sustainability Indices","image":"\/wp-content\/authors\/jaspreet_duhra-376.jpg","url":"https:\/\/www.indexologyblog.com\/author\/jaspreet_duhra\/"},{"display":"Daniel Perrone","title":"Director and Head of Operations, ESG Indices","image":"\/wp-content\/authors\/daniel_perrone-387.jpg","url":"https:\/\/www.indexologyblog.com\/author\/daniel_perrone\/"},{"display":"Ari Rajendra","title":"Senior Director, Strategy & Volatility Indices","image":"\/wp-content\/authors\/Ari.Rajendra-400.jpg","url":"https:\/\/www.indexologyblog.com\/author\/ari-rajendra\/"},{"display":"Louis Bellucci","title":"Senior Director, Index Governance","image":"\/wp-content\/authors\/louis_bellucci-377.jpg","url":"https:\/\/www.indexologyblog.com\/author\/louis_bellucci\/"}]
Modern Portfolio Theory tells us that higher returns tend to be associated with higher risk. Active managers tend to boast about their risk management skills and claim that they can generate higher returns than passive funds on a risk-adjusted basis. The Risk-Adjusted SPIVA® Scorecard assesses the risk-adjusted returns of actively managed funds against their benchmarks…
