New research finds that structural concentration in equity markets and discretionary decision-making create fragility that conventional diversification does not fully address.
Future Index Partners (FIP) is positioning its Euronext-listed Dynamic Sector Rotation indices as a way for allocators to diversify not just what they own but how they make investment decisions, arguing that traditional diversification is increasingly insufficient in concentrated and behaviourally driven markets. Diversification has historically been about mixing asset classes, regions and managers - Dr Steven J. Bates Co-founders Dr Steven J. Bates ( pictured ) and John Bennett say the indu