Show simple item record

dc.contributor.authorMiziołek, Tomasz
dc.date.accessioned2018-05-18T13:58:50Z
dc.date.available2018-05-18T13:58:50Z
dc.date.issued2018
dc.identifier.issn0208-6018
dc.identifier.urihttp://hdl.handle.net/11089/24826
dc.description.abstractIndex providers are important participants of the contemporary global financial market. This group comprises of diverse entities – e.g. stock exchanges, financial institutions (particularly banks and asset management companies), analytical and research companies as well as financial data providers. The role of index providers increases primarily along with systematically growing importance of index investment instruments. Their decisions significantly affect the allocation of capital, mainly on a microeconomic and macroeconomic scale.en_GB
dc.description.abstractDostawcy indeksów są istotnymi uczestnikami współczesnego globalnego rynku finansowego. Grupa ta obejmuje zróżnicowane podmioty – m.in. giełdy papierów wartościowych, instytucje finansowe (zwłaszcza banki i firmy zarządzające aktywami), firmy analityczne i badawcze oraz dostawców danych finansowych. Rola dostawców indeksów zwiększa się wraz z systematycznie rosnącym znaczeniem indeksowych instrumentów inwestycyjnych. Ich decyzje mają znaczący wpływ na alokację kapitału głównie w skali mikroekonomicznej i makroekonomicznej.pl_PL
dc.language.isoenen_GB
dc.publisherWydawnictwo Uniwersytetu Łódzkiegoen_GB
dc.relation.ispartofseriesActa Universitatis Lodziensis. Folia Oeconomica;335
dc.subjectfinancial indexesen_GB
dc.subjectindex providersen_GB
dc.subjectinternational financial marketen_GB
dc.subjectindeksy finansowepl_PL
dc.subjectdostawcy indeksówpl_PL
dc.subjectmiędzynarodowy rynek finansowypl_PL
dc.titleIndex Providers in the Global Financial Marketen_GB
dc.title.alternativeDostawcy indeksów na globalnym rynku finansowympl_PL
dc.typeArticleen_GB
dc.rights.holder© Copyright by Authors, Łódź 2018; © Copyright for this edition by Uniwersytet Łódzki, Łódź 2018en_GB
dc.page.number139-152
dc.contributor.authorAffiliationUniversity of Łódź, Faculty of Economics and Sociology, Department of Finance and International Investments
dc.identifier.eissn2353-7663
dc.referencesArslanalp S., Tsuda T. (2015), Emerging‑Market Portfolio Flows: The Role of Benchmark‑Driven Investors, IMF Working Paper, WP/15/263.pl_PL
dc.referencesAuthers J. (2015), Investing: The index factor, “Financial Times”, August 16, https://www.ft.com/content/40bb7c10–419f–11e5–9abe–5b335da3a90e#axzz4HR9UpTr2 [accessed: 3.03.2017].pl_PL
dc.referencesBroby D. (2007), A Guide to Equity Index Construction, Risk Books, London.pl_PL
dc.referencesChan K., Kot H.W., Tang G.Y.N. (2013), A comprehensive long‑term analysis of SP 500 index additions and deletions, “Journal of Banking and Finance”, vol. 37, issue 12, pp. 4920–4930.pl_PL
dc.referencesChen H., Noronha G., Singal V. (2004), The Price Response to SP 500 Index Additions and Deletions: Evidence of Asymmetry and a New Explanation, “The Journal of Finance”, vol. LIX, no. 4, pp. 1901–1930.pl_PL
dc.referencesDavis C. (2017), Why hasn’t indexing taken root in Canada? Big banks, incentives, and backward self‑regulation are to blame, “Manager Research Observer”, January 2017, pp. 26–30, http://video.morningstar.com/ca/MstarObserver17Q1.pdf?utm_source=tr.imutm_medium=no_refererutm_campaign=tr.im%2F1mqZFutm_content=direct_input [accessed: 4.03.2017].pl_PL
dc.referencesDunham L.M., Simpson T.H. (2010), Do Index Fund Managers Trade Opportunistically Around Index Changes? An Empirical Examination of SP Index Funds, “The Journal of Index Investing”, vol. 1, no. 3, pp. 58–64.pl_PL
dc.referenceshttps://us.spindices.com/ [accessed: 4.03.2017].pl_PL
dc.referenceshttps://www.bats.com/europe/equities/ [accessed: 3.03.2017].pl_PL
dc.referenceshttp://www.etfgi.com/ [accessed: 4.03.2017].pl_PL
dc.referenceshttp://www.ftserussell.com/ [accessed: 4.03.2017].pl_PL
dc.referenceshttp://www.icbenchmark.com/ [accessed: 7.03.2017].pl_PL
dc.referenceshttp://www.indexindustry.org/ [accessed: 4.03.2017].pl_PL
dc.referenceshttp:/www.morningstar.com/ [accessed: 3.03.2017].pl_PL
dc.referenceshttps://www.msci.com/ [accessed: 4.03.2017].pl_PL
dc.referenceshttp://www.theinvestmentassociation.org/ [accessed: 7.03.2017].pl_PL
dc.referenceshttps://www.stoxx.com/ [accessed: 4.03.2017]pl_PL
dc.referencesMakepeace M. (2016), 2016 Trends: Global Index Providers Play Important Role in World Markets, http://www.ftserussell.com/blog/2016‑trends‑global‑index‑providers‑play‑important‑role‑world‑markets [accessed: 6.03.2017].pl_PL
dc.referencesMiziołek T. (2014), Samoindeksowanie na rynku finansowym, “Studia Ekonomiczne. Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach”, no. 186, pp. 278–286.pl_PL
dc.referencesNovick B., Goldstein R., Evans P., Perlowski J., Clement M., Rosenblum A. (2016), The role of third party vendors in asset management, BlackRock, London.pl_PL
dc.referencesRaddatz C., Schmukler S.C., Williams T. (2014), International Asset Allocations and Capital Flows. The Benchmark Effect, World Bank, Policy Research Working Paper 6866.pl_PL
dc.referencesSchilling H. (1996), The International Guide to Securities Market Indices, International Publishing and Fitzroy Deaborn Publishers, Chicago.pl_PL
dc.referencesVerstein A. (2013), Index Theory: The Law, Promise, And Failure of Financial Indices, Lecturer and Other Affiliate Scholarship Series, Paper 7, Yale Law School.pl_PL
dc.contributor.authorEmailmiziolek@uni.lodz.pl
dc.identifier.doi10.18778/0208-6018.335.10
dc.relation.volume3en_GB
dc.subject.jelG15
dc.subject.jelG29


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record