Nov 15 2024 58 mins
As has become tradition, each year at our annual portfolio management and market structure conference we include a panel with index providers from the Big 3, FTSE-Russell, MSCI and S&P Dow Jones. In our recent event held November 7th, we added a portfolio manager from Vanguard's International Team, Michael Perre, to the discussion to provide a user's perspective on some of the hot button items for index benchmark providers. Topics covered in this discussion include recent consultations on domicile and capping, South Korea's status as a split country and the possibility it moves either to Emerging for FTSE or Developed for MSCI and accountability for index provider errors that leave a footprint in the market. The panelists also discuss whether indexing is a crowded trade. Other participants include Catherine Yoshimoto from FTSE, Jean-Maurice Ladure from MSCI and Louis Bellucci from S&P.
Chapter Headings
1:00 - Who Do Indexers Sell to if the Bubble Bursts?
12:54 - S&P's Domicile Consultation
29:00 Accountability for Index Provider Errors
36:53 - South Korea's Split Status
44:47 - Is Indexing a Crowded Trade Yet?
48:15 - Capping Benchmarks and RIC Rules
For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities.