S&P Dow Jones Indices has been the de facto scorekeeper of the ongoing active versus passive debate since the first publication of the S&P Indices Versus Active Funds (SPIVA) U.S. Scorecard in 2002.
Do criticisms of passive investing have merit?
Preferred stocks are hybrid securities that sit between common stocks and bonds in a company’s capital structure, therefore exhibiting blended characteristics of both asset classes. They have been favored by income-seeking investors due to the higher yields they offer in comparison with common stocks and corporate bonds.
In 2015, the Paris Agreement was signed, committing 195 signatory nation-states to limiting greenhouse gas emissions to well below 2 degrees Celsius above pre-industrial levels.
Along with the advent of the 2015 Paris Climate Agreement has come a growing understanding of the structural changes required across the global economy to shift to low- (or zero-) carbon, sustainable business practices.