Recent GICS changes impacting your reporting? Not if you’re working with GreenHill.

Changes to the Global Industry Classification Standard (GICS®) structure went into effect in GICS Direct and in S&P DJI’s indices.

The changes affected most sectors and essentially changed what it means to be sector neutral. They also had the potential to dramatically impact performance reports if not corrected for in the reporting details.

The Investment Objective

When discussing the topic of investments, the average person is inclined to think that the goal of investing is to gain as much profit as possible. While this is true …