Hints and tips:
...S&P Dow Jones Indices, September 21, 2023: Look, the Morningstar report that Institutional Investor cites is as legit as the SPIVA scorecard from S&P DJI....
...The “Big Three” of financial benchmarks are MSCI, S&P Dow Jones Indices and FTSE Russell....
...According to data from S&P Dow Jones Indices, Berkshire Hathaway returned 20 per cent on average annualised in the 45 years Munger was associated with the company....
...In his 1957 annual letter he set himself the ambitious goal of beating the Dow Jones Industrial Average by 10 percentage points a year....
...Munger’s partnership earned average annual returns of 24.3 per cent between 1962 and 1975, compared with a 6.4 per cent return for the Dow Jones Industrial Average....
...Dow Jones chief financial officer Liz O’Melia is leaving the company after only 15 months, according to two people familiar with the matter....
...“It’s the dollar losing utility as an asset to store trade surpluses,” says John Hathaway, managing partner of Sprott Inc, a Canadian asset manager specialising in metals....
...“I am seeing more deals getting put on the platform,” said James Dow, who leads commercial banking at Citizens Trust Bank, a small lender based in Atlanta that has used the platform....
...But instead of bringing a dramatic immediacy to the past, Transatlantic (co-created by Anna Winger of Deutschland 83) seems content to steep itself in nostalgia....
...The tech giant’s latest record is arguably more significant than its previous peak in January 2022, when the broader S&P 500 was worth more than $40tn, versus $37tn now, according to S&P Dow Jones Indices...
...I recently visited the London office of The News Movement, a news start-up co-founded by former Dow Jones chief executive Will Lewis....
...“We were also disappointed by the opaque process S&P Dow Jones used to reach its decision,” CII said, asking for a meeting with company officials....
...Dow Jones’ underlying profit has increased by more than a quarter since 2018 to $306mn in 2022....
...The company had been in advanced talks to sell its 80 per cent share of Move Inc to rival property listings group CoStar, in a deal valued in the “low billions” of dollars, the Financial Times reported last...
...Just to take the Tesla example, S&P Dow Jones itself estimated that index funds would have to dump about $51bn worth of other stocks to make way for Tesla’s inclusion....
...The full annual round-ups from the likes of S&P Dow Jones Indices and Morningstar won’t be out for a while, but FT Alphaville got some of the preliminary data from Morningstar....
...The oil supermajor recorded its first-ever annual loss and was removed from the Dow Jones Industrial Average....
...Dan Draper The CEO of S&P Dow Jones Indices is an index fund veteran, having worked at the pioneering Barclays Global Investors in the mid-noughties and since then led the ETF units of Lyxor, Credit Suisse...
...Much of that growth has been concentrated in S&P 500 options, which can only be traded on Cboe thanks to a licensing deal with S&P Dow Jones Indices....
...In addition, in February 2022, S&P Dow Jones merged with IHS Markit....
...That is a decline of 26 per cent, twice the drop in the Dow Jones Industrial Average. There are still some serious questions....
...Likely anticipating Musk’s meltdown, Margaret Dorn, head of North American ESG rates indices at S&P Dow Jones Indices, has published a helpful guide to the S&P 500 ESG reshuffle with its biggest section...
...Estée Lauder is down 30 per cent, L’Oréal has fallen 22 per cent and Shiseido is off 18 per cent — all underperforming the Dow Jones Industrial Average and global consumer staples indices....
...It’s a mouthful of a title, but this joint venture — which includes Microsoft, Dow and the Center for Diversity, Inclusion and Belonging at NYU School of Law — is trying to move the dial....
...But possible inclusion in the price-weighted S&P Dow Jones Industrial Average index might increase passive fund inflows....
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