3 Comments

So interesting, however those that they keep in I wonder how many of those are just "value companies". Would need to look at the study to understand the data treatment but interesting stuff.

Expand full comment
Dec 8, 2021Liked by Joachim Klement

Would be interesting to read about the discretionary component of other indices,e.g: MSCI. And also: are there any ETFs in the market following purely "rule based indices" without this discretionary component? Any info on that?

Expand full comment
author

Hi Christian, in short, the FTSE/Russell indices are almost purely rule-based, while MSCI has large discretionary component.

Expand full comment