Abstract
In this article, the author detail the historic background behind the science of constructing a country or global index. He argues that the industry has largely developed from practitioners rather than academia. He shows how a country index is related to the market portfolio of the capital market pricing model and details the trade-offs that modern index constructors have to make.
Original language | Undefined |
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Pages (from-to) | 36-39 |
Number of pages | 4 |
Journal | Journal of Index Investing |
Volume | 2 |
DOIs | |
Publication status | Published (in print/issue) - Aug 2011 |