Patrice Retkowsky
- Features
EDHEC-Risk Efficient indexation: an alternative to cap-weighted indices
Felix Goltz, Head of Applied Research, EDHEC-Risk Institute and Director of Research & Development, EDHEC-Risk Indices & Benchmarks Patrice Retkowsky, Senior Research Engineer, EDHEC-Risk Institute and Deputy Head of Research & Development, EDHEC-Risk Indices & Benchmarks
- Features
A torrid year
After three months of significant losses, the stock markets managed a positive return (+1.06%) in December, with volatility remaining high (40%), albeit down to two-thirds of November’s level. Over the year, the S&P500 index registered a record loss of 37%.
- Features
Commodity turnaround
With volatility is still at its highest levels (56%), the stock markets again had to face adverse conditions in November and produced a significantly negative return (-7.18%), although this was less than half October’s record. The S&P500 index has now returned to its level of July 2003.