News

Islamic Index Launched

Dow Jones & Co., the publisher of The Wall Street Journal, has launched a new global equity-benchmark index aimed at investors who follow Islamic investment guidelines.

The new index - called the Dow Jones Islamic Market Index, or DJIMI -tracks about 600 companies whose products and services are permissible according to strict interpretations of Shari'ah law. The companies in the index are from 30 countries around the world, including the U.S.

Articles

Enhanced Equity Index Strategies: StocksPLUS

PIMCO’s product addresses a significant issue: If you believe indexed, passive management is the best or primary way to go, are you then limited to the returns inherent in that index? Or can you manage to do better, and if so, how much better? PIMCO’s answer is you can do better, and the authors outline a way to do it.