A Review of Australia’s S&P/ASX 200 Index

The S&P/ASX 200 Index is the benchmark index of the Australian equity market. The index is composed of the largest 200 companies listed on the ASX by float-adjusted market capitalization. The composition of the Index is shown in the chart below: Click to enlarge Source: S&P Indices Nearly one-third of the index is concentrated in …

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On the Total Number of Mutual Funds in the US Market

The number of publicly-listed US companies continues to decline each year. From a peak of over 7,600 in 1997 the number has shrunk to about 3,600 at the end of 2017. That is a reduction of over 50%. Click to enlarge Source: Where Have All the Public Companies Gone?, April 8, 2018, Bloomberg Despite the fall …

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