All Mid cap articles

  • S&P 500 Factor Dashboard - Dive deep into factor performance in the U.S. market
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    S&P 500 Factor Dashboard: Dive deep into factor performance in the U.S. market

    2020-06-29T11:03:00Z By S&P Dow Jones Indices

    Growth and Momentum have stood supreme this year, outperforming in both the first and second quarter of 2020 and finishing wi th a positive return year-to-date. As spring turned to summer, however, every factor was overtaken by the rocket -like recovery in High Beta, which rode hopes for a rapid economic recovery to a 38% gain in Q2.

  • SPIVA® U.S. Scorecard
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    SPIVA® U.S. Scorecard

    2020-05-13T13:43:00Z By S&P Dow Jones Indices

    2019 was a remarkable year for equity markets in the U.S. and around the world. Boosted by an accommodative Fed policy, low unemployment, low inflation, and continued global growth, risk assets across the board did well—all of the benchmarks tracked in the SPIVA U.S. Scorecard had positive returns, with the S&P 500® Value leading the pack at 31.9%.

  • Business as Usual for the S&P Paris-Aligned Climate Indices
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    Business as Usual for the S&P Paris-Aligned Climate Indices

    2020-05-05T13:59:00Z By S&P Dow Jones Indices

    On April 20, 2020, the S&P Eurozone LargeMidCap Paris-Aligned Climate Index (S&P Eurozone PA Climate Index) was launched (see press release). This index has been designed to align with recommendations from the Task Force on Climate-related Financial Disclosures and follow the new minimum standards for EU Paris-Aligned Benchmarks proposed by the EU,[1] while remaining as close as possible to its benchmark index, the S&P Eurozone LargeMidCap.

  • Performance Trickery, part 3
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    Performance Trickery, part 3

    2020-04-16T07:47:00Z By S&P Dow Jones Indices

    Success is hard to come by for active managers, as readers of our SPIVA reports know well.  Sometimes what appears to be stock selection skill is in fact simply a byproduct of style drift across the capitalization scale.

  • The Case for Technology Dividend Growers
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    The Case for Technology Dividend Growers

    2020-04-15T21:44:00Z By S&P Dow Jones Indices

    It was once thought that companies from the Information Technology sector do not pay dividends. While this may have been the trend a long time ago, it certainly has not been for the last decade. Over the past 10 years, within the Information Technology sector of the S&P 500®, 26 companies initiated dividend payments and 59 companies increased their dividends at various points throughout those years, for a total of 376 dividend increases in the sector.

  • Glory or Embarrassment
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    Glory or Embarrassment?

    2020-04-13T21:49:00Z By S&P Dow Jones Indices

    Active funds generally lagged their passive benchmarks in 2019, but the market environment in 2020 has already shifted radically. Volatility has skyrocketed as the S&P 500® and other indices have fallen. Ironically, it is precisely in a time such as this, when absolute returns are hard to come by, that relative returns might be most readily attainable. This is true not just for traditional stock pickers, but also for active managers looking to express tactical views on the business cycle through sector rotation.

  • Will COVID-19 lead to sustainable change
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    Will COVID-19 lead to sustainable change?

    2020-04-09T12:59:00Z By BNP Paribas Asset Management

    The COVID-19 pandemic has led the world into the largest social distancing experiment in history.  A USD 2 trillion US government stimulus programme and US Treasury yields below 1% are all the result of the crisis. In addition, oil prices have fallen to below USD 20 a barrel as demand destruction has exacerbated the effects of a collapse in OPEC’s pricing policy. Will the world go back to ‘status quo’ when we exit this dislocation? Probably not. We believe the learnings from the ‘go-remote’ experiment are here to stay. The implications for the future of energy, real estate, work, education, health care delivery and so forth are vast.

  • 2 birds one stone
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    Two Birds, One Stone: How the S&P Paris-Aligned Climate Index Concept Meets the Proposed EU Climate Benchmark Regulation and the Recommendations of the TCFD

    2020-04-07T20:47:00Z By S&P Dow Jones Indices

    As the world continues to pump the gas on a one-way street toward catastrophic climate change, market actors are attempting to slow down the traffic by limiting global temperature rise to within 1.5°C since pre-industrial levels.

  • The Rising Importance of ESG Data
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    The Rising Importance of ESG Data

    2020-03-25T20:56:00Z By S&P Dow Jones Indices

    The demand from investors for environment, social, and governance (ESG) data and ESG products has never been stronger. This has triggered a growing industry of ESG data providers in the market. It is vital for S&P Dow Jones Indices (S&P DJI), when choosing ESG data providers who drive our ESG solutions to work with market-leading global practitioners. These practitioners must be able to demonstrate in-depth company analysis and robust governance structures, ensuring the quality of their data and our products.

  • small and mid cap equities managers 2018
  • SPIVA Scorecards An Overview
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    SPIVA® Scorecards: An Overview

    2020-01-17T13:42:00Z By S&P Dow Jones Indices

    S&P Indices versus Active (SPIVA) scorecards are semiannual scorecards published by S&P Dow Jones Indices that compare the performance of active equity and fixed income mutual funds against their benchmarks over a number of time horizons.

  • SPIVA U.S. Mid-Year 2019
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    SPIVA U.S. Mid-Year 2019

    2019-12-20T09:12:00Z By S&P Dow Jones Indices

    How do active managers stack up against their benchmarks over short and long time periods. 

  • China A50 is big still beautiful
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    Blog | China A50: is big still beautiful?

    2019-12-10T14:25:00Z By FTSE Russell

    China A Shares have made headlines as major index providers have begun phasing them into their major global equity indexes. The inclusion process began recently, but FTSE Russell has offered China A Shares indexes since 2001, when China first started easing restrictions on A Shares foreign investment.

  • CFA Institute Blueprint for the EU Capital Markets Union for the European Parliamentary Legislative Period, 2019–2024
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    CFA Institute Blueprint for the EU Capital Markets Union for the European Parliamentary Legislative Period, 2019–2024

    2019-11-14T10:38:00Z By CFA Institute

    This blueprint addresses four principal topics: capital markets union, fintech, sustainable finance, and value for money. We worked together with our members from 23 CFA EU societies to publish a this paper describing the main policy and regulation challenges they encounter in their local financial market and underlining some possible solutions. 

  • Introducing two of the top active minds in European equities
    People News

    Introducing two of the top active minds in European equities


    Jupiter is an established active fund management business with a reputation as a desirable home for some of the most talented fund managers in the industry. Many are well known. Their track records, investment philosophies, and investment processes are a big draw for people making decisions on where to invest. Fund managers at Jupiter have significantly more freedom than those at many larger institutions – something which ensures the company has a healthy pipeline of talent – within a framework of governance and risk management.

  • Mid-Market Private Equity: 2.0
  • Factor Profile: Quality
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    Factor Profile: Quality

    2019-10-09T10:25:00Z By Northern Trust Asset Management

    Quality Investment strategies are often focused on identifying companies that have a sustainable competitive advantage and / or have generated consistent shareholder value over time.

  • Share Buybacks or Composite Equity Insurance
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    Share Buybacks or Composite Equity Issuance?

    2019-10-09T10:05:00Z By Northern Trust Asset Management

    Even though factor investing is widely supported in academia and investment practice, forecasting and harvesting factor returns remains challenging for various reasons. One signal that has received more than a little attention of late is share buybacks.

  • Time to Refresh What Value Means
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    Factor Profile: Value

    2019-10-09T09:43:00Z By Northern Trust Asset Management

    While select equity factors have historically outperformed the broad equity market over the past 50 years, investors should be careful about assuming that what has worked to identify the right factors in the past will work in the future. The value factor is a good example. As technology and service companies become a larger part of the global economy, the traditional and simpler value metrics don’t work as well. Here is what investors can do.

  • Factor Profile: Momentum
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    Factor Profile: Momentum

    2019-10-09T09:30:00Z By Northern Trust Asset Management

    The momentum factor can provide alpha and diversification, but it can also be redundant because a significant proportion of the momentum premium stems from momentum in other factors. This is commonly referred to as factor momentum and can unintentionally lead to a doubling down on factor exposure and risks in multi-factor portfolios. Skilful risk management of factors is critical to avoiding this mistake.