Tag Archives: S&P Global 1200
2023 GICS Changes: S&P Global 1200 Impact Analysis
Revisions to the Global Industry Classification Standard (GICS®) structure are primed to go into effect after the close of business on Friday, March 17, 2023. While the changes are not as extensive as in previous iterations, they affect the GICS structure at all levels and this article examines the impact of the changes on the…
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Balancing the Scales in U.K. Equity with the S&P 500
Our recent paper Why Does the S&P 500® Matter to the U.K.? argues that the S&P 500 presents an opportunity for U.K. investors to diversify their revenue exposure and sector weights across geographies. Since British investors typically suffer from a substantial home bias, such diversification presents an opportunity to improve the risk/return profile of a…
- Categories S&P 500 & DJIA
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Safe Harbors and Silver Linings
As we reflect on this year’s notable market themes, one trend is certain: it has been a tumultuous market characterized by rate hikes and inflation concerns across regions, with significant losses across asset classes. Crypto market performance added to jitters, with the S&P Cryptocurrency LargeCap Index down 66% YTD. Losses throughout the year culminated in…
- Categories Equities, Fixed Income, S&P 500 & DJIA
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- Equities, Fixed Income, S&P 500 & DJIA
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Introducing the S&P Global 1200 Communication Services Sector
The S&P Global 1200 can’t stay the same. Along with the S&P 500® and other headline indices from S&P DJI, many companies within the S&P Global 1200 will be given new sector assignments due to the upcoming Sept. 24, 2018, GICS® updates. The most visible change will be the renaming of the Telecommunication Services sector…
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Indexing Listed Property Stocks in New Zealand
Publicly traded property stocks provide exposure to real estate, an illiquid asset class, without sacrificing the liquidity benefits of listed equities. Also, property stocks typically offer higher yields than the broad equity market, they may serve as an effective inflation hedging tool, and they may help diversify a portfolio due to their generally low correlations…
- Categories Equities
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Who’s Afraid of a Carbon Tax?
As far as equity investors might experience them, the risks of a potential “carbon tax” are more easily fathomed than the rewards. Emissions data are available for most large companies and – taking basic assumptions on the likely form of taxation – we can easily examine which market segments face the greater risks. Estimating The Impact…
- Categories Equities, ESG, Factors, S&P 500 & DJIA, Strategy
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Necessary, but not sufficient
In the popular imagination, “big business” is responsible for climate change. In fact, corporate emissions of greenhouse gasses are a small part of the problem; it is quite possible that corporations also provide our best hope for a solution. The current reality – what we know to be true – is that governments worldwide are shortly expected to commit to…
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As goes the first week, so goes …
The world’s equity markets have encountered a rocky introduction to 2016; including the worst ever start for the Dow Jones Industrial Average (against a record that stretches back to 1897) and steep falls across developed and emerging markets. Equity markets are down more or less everywhere, and in many cases materially so. What difference does…
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Active Funds Win Battles But Lose Wars
There have always been select actively managed funds that beat the cap-weighted indices market, and there always will be. But trying to find these funds before they outperform is exceedingly difficult, especially across multiple asset classes and styles. In addition, the outperformers may not pay well enough given the risk. Active managers may claim victory…
- Categories Equities, S&P 500 & DJIA
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- Equities, S&P 500 & DJIA
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