This is a new curriculum covering the indexing, ETF and “smart beta” markets, which are among the fastest growing markets in the world.
Over the past two decades, trillions of investment dollars flowed into index-based vehicles, including thousands of ETFs and ETPs used by investors around the world. The explosion in breadth and depth is pushing the traditional definition of “index,” “indexing” and “ETF” into unchartered but important territory.
Any current conversation that includes those terms requires context and clarification, even among industry professionals. In many instances, explanations of rulemaking and methodologies, as well as detailed inspections of selection processes, stock screens and trading dynamics, are now the new normal.
The curriculum will provide participants with the intelligence and tools needed to navigate these markets.
What we’ll cover and how attendees will benefit:
- Survey the origins of index-based investing and the underlying investment theory
- Observe how indexes, including smart beta indexes, are created across asset classes
- Identify critical differences among the growing array of available ETFs
- Recognize how market structure within US and global equities, commodities, fixed income, and risk-based products impacts the economics of ETFinvestment opportunities in ETF Understand distinguishing elements of ETFs and their relationship to other capital market instruments.
- Analyze ETF trading mechanics and the definition of liquidity
- Consider the relative performance between active and index-based (passive) investment vehicles.
- Study the industry’s most recent developments and future direction