The Russell Europe Defensive Index reflected an annual return of +0.5% in 2011, outperforming both its dynamic counterpart, the Russell Europe Dynamic Index, which posted a loss of (-22.2%) for 2011, and the broad Russell Europe Index, which lost (-9.6%) in 2011.
The healthcare and consumer staples sectors were the top performers among constituents within the Russell Europe Defensive Index, with returns of +14.8% and +9.3%, respectively, in 2011.
The materials and processing and financial services sectors were the bottom performers among constituents within the Russell Europe Dynamic Index, with returns of (-26.3%) and (-27.5%), respectively, in 2011.
“In these volatile markets where investment performance can be driven by portfolio positioning, investors can benefit from benchmarks that provide a more nuanced look at the markets,” said Gareth Parker, director of research, innovation and product development for Russell Indexes in Europe. “The Russell Global Stability Indexes illustrate that understanding the impact of defensive and dynamic factors is important to understanding differential performance within markets and sectors, and to selecting stocks to hold within those markets and sectors.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more