Equity index construction

Broby, Daniel (2011) Equity index construction. The Journal of Index Investing, 2 (2). pp. 36-39.

Full text not available in this repository.Request a copy from the Strathclyde author


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


Broby, Daniel ORCID logoORCID: https://orcid.org/0000-0001-5482-0766;