Today news
About the same in other media
L&G launches S&P 500 Equal Weight index fund to address overconcentration risk
Reading now: 792
investmentweek.co.ukManaged by Russell Jones, the L&G S&P 500 Equal Weight index fund will give investors equally weighted exposure to members of the S&P 500 in an attempt to avoid concentration in mega-cap tech stocks. In order to achieve this, the fund will therefore remain underweight on some of the largest names in the index. Legal & General private markets chief appointed to head retail division in leadership shake-up A lack of diversification of earnings within the S&P 500 in recent years has led some investors to become «over-exposed to volatility in the mega-cap tech sector», L&G noted. A...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Airbus to lay off 2,500 as it tries to turn around its space and defense division abcnews.go.com /1 day ago
NFO Alert: TRUST Mutual Fund launches smallcap fund economictimes.indiatimes.com /2 days ago
ET IN THE CLASSROOM: Index funds economictimes.indiatimes.com /2 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
