Seminar 217, Risk Management: Is Index Concentration an Inevitable Consequence of Market-Capitalization Weighting?

Seminar 217, Risk Management: Is Index Concentration an Inevitable Consequence of Market-Capitalization Weighting?

Risk Seminar
Nov 1, 2022, 11:00 AM - 12:30 PM | 648 or zoom Evans Hall | Happening As Scheduled
Lisa Goldberg, CDAR & Aperio by BlackRock (Speaker - Featured)

Market-cap-weighted equity indexes are ubiquitous. However, there are growing concerns that such indexes are increasingly concentrated in a few stocks. We ask: Does market-cap weighting inevitably lead to increased concentration over time? The question of inevitability arises from research that suggests the possibility of dominance by a few firms over time via a variety of plausible causal...