All topics

Best Index Investing Paper 2016

Savvy Investor Awards Index Investing banner

WINNER: S&P Dow Jones Indices

The Rise of Indices Is Changing the Face of Investing
Can passive investing grow too large? What are the potential implications for active management? How have the definitions of beta and passive investing changed? As indices gain in popularity, these questions are top of mind for many market participants. This report seeks to answer those questions and takes an in-depth look at how indices are changing the face of investing.


Capturing the Chinese A-shares and H-shares Anomaly by FTSE Russell
The behaviour of the price differential between A-shares and H-shares of dual-listed Chinese companies is studied in this paper by FTSE Russell. The authors cover the period 2006-2016.

SPIVA® Institutional Scorecard - How Much Do Fees Affect the Active Versus Passive Debate? by S&P Dow Jones Indices
This report addresses three questions that are pertinent to the active versus passive debate: do institutional asset managers deliver relative outperformance over their respective benchmarks? Do mutual funds outperform their respective benchmarks on a gross-of-fees basis? do institutional managers fare better than their retail fund counterparts in particular asset classes?

The Index Mutual Fund: 40 Years of Growth, Change, and Challenge by John C. Bogle, Vanguard
This paper has been authored by John C. Bogle, Founder and Former CEO, The Vanguard Group. In it, he looks back at forty years of the index fund's dominance of the mutual fund industry.

Notice for Award Winners (including highly commended papers) 

Savvy Investor has created digital assets (award banners and links) for you to publicise your award, for example in social media, blogs, emails, newsletters and on your website. To receive your digital assets, please email

About the Savvy Investor Awards

Savvy Investor is the world’s leading resource hub for the institutional investors. Since launch last year, more than 15,500 members from across the globe have registered for the site, with 100-200 new members joining every week.

We curate the best pensions and investment white papers from around the world, and having uploaded more than 15,000 white papers in 2015, have a unique platform from which to host these Awards. The Savvy Investor Awards are judged on the basis of the quality and readability of the paper and its appeal to our institutional investor audience.

To find out how you can partner with Savvy Investor this year to enhance your thought leadership credentials in the institutional investor marketplace, please contact our Business Development Manager, Stuart Blake,