IndexUniverse.com

Journal of Indexes:

1st Quarter 2000
Articles

Here, At The S&P 500

by David Blitzer, Ph.D.

The stocks in the index most widely used by the financial industry are determined by a combination of general guidelines and the human judgment of a nine-person committee.

Controlling Regret For

by Harindra de Silva

The author finds numerous factors such as projected earnings or book-to-price go in and out of favor in the stock market, but nevertheless tend to have persistent and predictable effects on stocks in the S&P 500 for extended periods.

Spotting The Next

by Dan diBartolomeo

Internet stocks with returns exceeding 1000% in less than two years are reported. Numerous investment firms that chose not to invest in Internet stocks have badly trailed their peers in performance.

Sectorial Europe

by Koen De Leus

The author quantifies the widely observed convergence phenomenon among western European countries and contrasts it with the performance of industry sectors in western Europe, using his firm’s own sector-based indexes.

Does Size Matter?

by Alex Frino, Andrew West

Stock indexes differ widely in terms of their composition. What effect, if any, does this have on the efficiency of stock index futures?

The Active Manager’s Nut

by James Pritchard

There are a number of costs attached to active management of portfolios that can vary considerably from manager to manager, strategy to strategy, and market to market.

Dealing With The Active

by William O'Rielly, Michael Preisano

Granted that active managers cost more for many reasons than passive managers and on average have performed worse, what can you do about it?

What Kind of Portfolio

by Rodney Alldredge

The author draws on his portfolio management experience and passes along his thoughts on approaches to the problem of managing large-scale equity diversification.

How Much Higher Can The Market Go?

by Burton Malkiel

With the arresting title “ Dow 36,000 ,” James K. Glassman and Kevin A. Hassett tell us, in the memorable words of Jimmy Durante, “You ain’t seen nothing yet.”