One of the dirty secrets of the indexing world is that indexers can adjust their portfolios for
changes in index composition or weights, and changes in the published index take place after these trades have already moved prices.
Much of the prior research on indices has focused on the stock price implications of
changes in index composition.
Not exact matches
Abstracting from
changes in the
composition of corporate bond
indices, spreads between yields on government and corporate bonds have shown a small net decline over the past three months (Graph 48).
The researchers used ultrasound to assess carotid wall thickness and MRI to define carotid plaque
composition and the remodeling
index, a measure of
changes in vessel size.
A study conducted by researchers of Harvard University, which monitored the dietary habits and
changes in body
composition of more than 130.000 subjects for more than twenty years have brought to attention that increasing the intake non-starchy vegetables with lower glycemic -
index (cauliflower, broccoli, Brussels sprouts, and kale) is connected with lower weight gain.
But
in recent years as the US economy has become more consumer - oriented, the
index has seen a
change in composition that no longer has much to do with direct industrial investment.
As an example, for an
index fund, assets may get liquidated if the underlying
index changes in composition, thus requiring the manager to sell some stocks and purchase others.