Knowledge Continues Outperforming In 2015February 20, 2015
We have developed two indexes that are designed to track the world’s leading innovators based on our proprietary intangible-adjusted data We have a developed markets knowledge leader index and an emerging markets knowledge leader index. Both indexes are equal-weighted and are rebalanced twice a year (April and October). So far in 2015, knowledge has outperformed the general market (to learn even more about our indexes please click here and here).
The Gavekal Knowledge Leaders Developed World Index has returned 5.13% through the close yesterday. Meanwhile, the MSCI World Index has returned only 3.26%, leading to a 187 basis point outperformance through roughly the first month and half of the year. This is just a further continuation of the outperformance of the index since it was started in April 2007. Since that date, the Gavekal Knowledge Leaders Developed World Index has outperformed the MSCI World Index by over 42%.
The Gavekal Knowledge Leaders Emerging Market Index has gained 4.33% so far in 2015. During this same period, the MSCI Emerging Market Index has gain 3.16%. The Gavekal Knowledge Leaders Emerging Market Index has outperformed by 117 basis points. Similar to the developed markets index, the emerging markets index has significantly outperformed since its inception date in 2007. The Gavekal Knowledge Leaders Emerging Market Index has managed to return 214.05% since April 1, 2007 which has led to 86.09% outperformance versus the MSCI Emerging Markets Index.
Both of the indexes are priced daily and can be found on your bloomberg terminal using the KNLGX Index or KNLGEX Index tickers.