评论:调整战略与基准

Q4 Economics, Econometrics and Finance

Journal of Index Investing Pub Date : 2016-05-31 DOI:10.3905/JII.2016.7.1.008

David M. Blitzer

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引用次数: 0

摘要

投资策略分为两类:价值/基本或增长/动量。第一类人寻找投资者认为会带来优异表现的证券。第二种是寻求投资者预期将持续的近期优异表现。本文质疑市值加权指数是否是动量和价值策略最合适的基准。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Commentary: Aligning Strategies with Benchmarks

Investment strategies divide into one of two groups: value/fundamental or growth/momentum. The first group searches for securities with attributes that the investor believes will lead to outperformance. The second seeks recent outperformance that the investor expects will continue. The article questions whether a market-capitalization-weighted index is the most appropriate benchmark for both momentum and value strategies.

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来源期刊

Journal of Index Investing Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量