Dow Jones expands LSP Position Sizing Index, adds three new indexes

By Tali David

Minneapolis, May 17 - Dow Jones Indexes announced the expansion of the Dow Jones LSP Position Sizing Index, adding three new indexes, according to a press release.

The new indexes are the Dow Jones LSP Position Sizing U.S. Large-Cap 250 Index, Dow Jones LSP Position Sizing U.S. Mid-Cap 250 Index and Dow Jones LSP Position Sizing U.S. Small-Cap 250 Index.

The Dow Jones LSP Position Sizing Indexes are quantitative-strategy gauges based on a quantitative algorithm created by the risk-management-research consulting firm LSP Partners LLC.

The new indexes supplement the Dow Jones LSP Position Sizing Equal Sector U.S. Large-Cap 50 Index, which launched in January, the release said.

"The market volatility over the past several years seems to have increased market risk sensitivities," Dow Jones president Michael A. Petronella said in the release.

"The indexes launched today are designed to offer the flexibility to track multiple segments of the U.S. market using tools that seek to dynamically account for stock-price fluctuations."

New York-based Dow Jones is a provider of equity, fixed-income and alternative indexes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.