
This column aims to provide a big picture view of the major investable asset classes, with a focus on investment strategies that are implementable with index products.
What's really going on in the index industry? A behind-the-scenes look at who´s doing what, with-or to- whom, and for what.
Markets are all about upward and downward momentum. The author tries to capture this in an index he has designed.
Sitting somewhere between stocks and an indexes, microsector futures can be used to manage portolio transitions.
The first dividend-focused iShare was launched on the New York Stock Exchange. The Dow Jones Select Dividend Index Fund (ticke r: DVY) becomes the first of its kind. The fund consists of 50 of the highest-dividend U.S. companies, and comes at a time of turbulent markets when companies that actually pay dividends have become attractive to many investors. The fund hopes to capitalize on the U.S. tax code changes regarding dividends.
In a high profile acquisition for the indexing industry, Standard & Poor's inked a deal with Citigroup to move Smith Barney's global benchmark index business (previously the Salomon Smith Barney (SSB) Global Equity Index System) to S&P's Index Services. The indexes will be renamed the S&P/Citigroup Global Equity Indices. The existing S&P indexes, including the S&P 500, will not be affected by the announcement, according to S&P.