Douglas W. Diamond, professor of the University of Chicago and longtime member of the CRSP Advisory Board, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022.
Indexes have broad reach, but the amount of the U.S. market’s investable market capitalization they capture varies. Broad diversification ensures that investors have a stake in the market’s winners and mitigates the impact of owning a lot of losers. This article describes how the CRSP Indexes seek to deliver optimal and comprehensive market exposure.
Kai Li | Sauder School of Business, University of British Columbia
Feng Mai | Stevens Institute of Technology
Rui Shen | Nanyang Business School, Nanyang Technological University
Xinyan Yan | School of Business Administration, University of Dayton