Tag Archives: S&P/ASX Small Ordinaries
S&P/ASX Small- and Mid-Cap Indices: Differentiators in a Large-Cap Dominated Market
Large-cap, Australian-listed companies have continued their robust 2022, outperforming the small- and mid-cap segments YTD as of April 30, 2023. However, a fast-changing economic environment may support considering small and mid-cap indices in Australia. The range of returns for Australian-listed companies in 2022 was among the widest seen in 20 years. Broad dispersion was exhibited…
- Categories Equities
- Other Tags
Examining Small-Cap Growth Strategies in Australia
Many market participants invest in small-cap equities seeking high-growth potential and portfolio diversification. In this blog, we will examine how growth factors performed in Australian small-cap equities by measuring the hypothetical top-quintile portfolio returns for three growth factors with long- and short-lookback periods, including 12- and 6-month price momentum, 3- and 1-year earnings growth, and…
- Categories Equities
- Other Tags
- Categories
- Equities
- Other Tags
What’s inside the S&P DJI Australian Factor Indices?
In our paper, How Smart Beta Strategies Work in the Australian Market, our studies indicated that most factor indices in Australia exhibited distinct return characteristics during up and down markets. Indeed, different factor indices also displayed unique style and industry factor exposures, resulting in factor index performance differentials over the long term. In this blog,…