Content (104)

  • What Drives the S&P PACT Indices’ Weights?

    White papers

    What Drives the S&P PACT Indices’ Weights?

    2020-12-10T11:44:00Z

    In April 2020, we launched the S&P PACTTM Indices (S&P Paris-Aligned & Climate Transition Indices). The indices aim to align with the following: a 1.5oC climate scenario, the relevant aspects of the EU Low Carbon Benchmark regulation (BMR), and recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), while maintaining a broad, diversified exposure. The S&P PACT Indices consist of the S&P Paris-Aligned (PA) Climate Indices and S&P Climate Transition (CT) Indices.

  • Why Building a Strong Core Starts with the Index

    White papers

    Why Building a Strong Core Starts with the Index

    2020-12-09T16:58:00Z

    What does the S&P 500 liquidity ecosystem means for investors? S&P DJI’s Craig Lazzara and State Street Global Advisors’ Rob Forsyth take a closer look at the global reach of this U.S. icon.

  • The Distribution of Alpha

    White papers

    The Distribution of Alpha

    2020-12-09T16:41:00Z

    Investment management is a zero sum game. The source of outperformance for a market’s outperformers is the underperformance of the same market’s underperformers. Properly measured, the weighted average sum of the winners’ gains is exactly equal (before costs) to the weighted average sum of the losers’ losses. 

  • Reversal or Recovery?

    White papers

    Reversal or Recovery?

    2020-12-08T17:12:00Z

    When we think about reversals in the market, we likely think of brief turnarounds in performance.  But what if it’s more? What makes a reversal turn into a recovery is a full-fledged long-term improvement in performance.

  • Exploring S&P PACTTM Indices Weight Attribution

    White papers

    Exploring S&P PACTTM Indices Weight Attribution

    2020-12-04T11:36:00Z

    We aim to provide transparency around the S&P PACT Indices (S&P Paris-Aligned & Climate Transition Indices), a sophisticated index solution to align with a 1.5°C trajectory (EU PAB and CTB Aligned) and mitigate a multifaceted range of potential financial risks, while assessing opportunities companies may face from climate change, as laid out by the Task Force on Climate-related Financial Disclosures (TCFD).

  • Biden 1, Climate Change 1.5

    White papers

    Biden 1, Climate Change 1.5

    2020-12-04T11:22:00Z

    In a crowded field for “standout tweets from a U.S. president or president-elect,” for those of us who have dedicated careers to tackling sustainability challenges, this may be the most memorable tweet of them all.

  • A European Perspective on the US Mid-Cap Sweet Spot

    White papers

    A European Perspective on the US Mid-Cap Sweet Spot

    2020-12-02T16:44:00Z

    Should European investors be looking beyond large-cap U.S. equities for core exposure? S&P DJI’s Tim Edwards and State Street Global Advisors’ Rebecca Chesworth explore the case for U.S. mid-caps through broad and tactical sector exposures.

  • The Dangers of Extrapolation

    White papers

    The Dangers of Extrapolation

    2020-12-01T16:48:00Z

    At the end of October, the year-to-date total return of the S&P 500® was barely positive (2.77%), but was well ahead of the returns of the S&P MidCap 400® (-6.63%) and the S&P SmallCap 600® (-13.06%). In November, the 500TM performed very well (10.95%), but the 400TM (14.28%) and the 600TM (18.17%) did much better.

  • How Indexing Has Simplified Factor Investing

    White papers

    How Indexing Has Simplified Factor Investing

    2020-11-30T17:27:00Z

    Explore two paths to implementing quality in portfolios as S&P DJI’s Shaun Wurzbach and Pavel Vaynshtok join Andrew Neatt from TD Wealth Private Investment Advice for a practical look at using S&P 500 Quality Index and S&P 500 Dividend Aristocrats to protect against short-term shocks and keep long-term goals in reach.

  • The Market Is Up, But So Is Volatility

    White papers

    The Market Is Up, But So Is Volatility

    2020-11-20T17:08:00Z

    So far, 2020 has brought us a global pandemic, a coordinated global economic shutdown, and, in the U.S., a notably contentious election. So it’s no surprise that volatility has been, and remains, elevated. Despite all this, equities have fared reasonably (some would say surprisingly) well, with the S&P 500® climbing 13% through Nov. 19 since the end of 2019.

  • Core ESG Indexing Is Engaged to Drive Change

    White papers

    Core ESG Indexing Is Engaged to Drive Change

    2020-11-19T10:31:00Z

    I define core ESG indexing as the use of indices designed to apply environmental, social, and governance (ESG) screening and ESG scores to recognized and sometimes iconic indices like the S&P 500®S&P/ASX 200, or S&P/TSX Composite.

  • Record Participation in the CSA Powers the DJSI into Its Third Decade

    White papers

    Record Participation in the CSA Powers the DJSI into Its Third Decade

    2020-11-18T11:17:00Z

    In 2020, the 21st rebalancing of the Dow Jones Sustainability Indices (DJSJ) occurred; however, this is the first time it has taken place solely under the umbrella of S&P Global (after S&P Global’s  acquisition of RobecoSAM’s ESG Ratings business in January 2020).