The methodologies of indexing keep on evolving. Since the launch of the first exchange-traded fund in 2000, the Satrix TOP 40, investing in the performance of indices has taken off with a vengeance.
According to etfSA, the total SA market capitalisation of all ETFs and exchange-traded notes, listed on the JSE, amounted to R89.4-billion at the end of March. This is a sharp increase in the total market capitalisation of R77.8-billion at the end of 2018, a rise of 14,9%. The total market capitalisation of close to R90-billion is the highest on record for the end of a quarter since the inception of exchange-traded products in the country.
Although over 100-factor type strategies have been researched only a handful of factors have broad academic consensus these are: Value, momentum, size, low volatility and quality. Local exchange traded fund and index tracker specialist company – CoreShares is about to host the country’s first multi-factor indexing strategy for ETFs. It is in the process of re-mandating it’s Top 40 Equally Weighted ETF to start replicating the performance of the newly-established Smart Beta index, which the company says will be up and running by mid-July but subject to unit-holder approval.
These index funds have been accused of being heavily exposed to overvalued stocks and less so to undervalued stocks. Despite these criticisms, these indices have consistently managed to outperform most actively managed funds in South Africa.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: U.S. Readies New Tariffs as Trump Says He’ll Meet China’s XiThe U.S. prepared to hit China with new tariffs even as President Donald Trump said he’ll meet his Chinese counterpart, Xi Jinping, at next month’s G-20 summit, an encounter that could prove pivotal in a deepening clash over trade.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: What to Watch as Nigeria’s Divisive Central Banker Gets New TermGodwin Emefiele looks set to get a second term as Nigeria’s central bank governor, which would make him the first person to do so in the 20 years since Africa’s biggest oil producer ended military rule.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Uber’s skid: Another perspectiveRide-sharing mega-giant Uber’s listing has been something of a calamity, and the conventional wisdom is that the New York Stock Exchange listing on Friday was infected by its rival Lyft and the market turmoil caused by the US-China trade war. But what if those are not the reasons at all? Consider this for an alternative perspective: Uber is two contradictory things simultaneously – definitely the future, and also uninvestable. Is that even possible? Read on.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: Investec results: More about the journey than the momentFor Investec, 2018 was an epochal year. Not only did its management team hand over the reins after four decades of hands-on leadership, but the group decided to unbundle its asset management business. Recent results suggest the journey is well underway.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Thursday May 16: Five Things You Need to Know to Start Your DayTrump s geared down the trade war with Japan and the EU, giving U.S. stocks a welcome boost. And Alibaba posted a 33% jump in sales. Here are some of the things people in markets are talking about today.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: These Are the Worst-Case Scenarios for China in the Trade WarChina’s economic growth could tumble, debt surge and foreign companies flee in a deepening trade war, economists warn as a week of escalating tensions forces them to ponder worst-case scenarios.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Can MTN Nigeria change the political optics through its local listing?MTN Nigeria is listing on the Nigerian Stock Exchange on Thursday, signalling a major shift in its approach toward its ongoing problems in its second largest market. It will become effective the second largest stock on the exchange with an opening value of around $5-billion, but whether this will be enough to satisfy Nigeria's rapacious regulators and populist politicians remains an open question.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Friday, May 17: Five Things You Need to Know to Start Your DayThe Trump administration’s Huawei ban opens a new front with China. U.S. equities extended their rally for a third day, with Asia stocks poised to follow. Here are some of the things people in markets are talking about today.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Pakistan Secures $6 Billion IMF Bailout to Ease Economic CrisisPakistan and the International Monetary Fund reached an agreement on a loan of about $6 billion designed to help the South Asian nation avert an economic crisis.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: US-Sino trade war will provide few opportunities for SAAn old African proverb holds that ‘when elephants fight, it is the grass that suffers most’. As the US and China lock tusks over trade, grass on a global scale is getting trampled. And for South Africa, there appear to be few green shoots amid the carnage. Why do you call negotiations a trade war?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Bitcoin Climbs Above $7,000 as Cryptocurrency Rally ExtendsBitcoin climbed to the highest since September, briefly surpassing $7,000, as a rally in cryptocurrencies gathered pace in trading over the weekend.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »