Active Index Investing For over three decades, both institutional and individual investors have increasingly accepted indexing, index benchmarks and the investment products that track them.  Through this process, indexing has become a driving force in the transformation of investment strategy from a subjective art to a more appropriate blend of art and science. Yet many investors' understanding of the sophistication of this burgeoning field has lagged behind the growing use of index products. Active Index Investing aims to close that gap, and provides a comprehensive review of the theories, products and strategies that have enabled investors to benefit from the 'indexing revolution' that contiues to gain momentum around the world.  And this website aims to supplement the book's 31 chapters with updated data, additional content and sidebars, and an opportunity for your feedback.  I hope you find both the book, which was recently published in Japanese, and it's E-ppendix informative and useful.		What is an E-ppendix?     For Novices     For Academics     For Professionals     For Fun     E-ppendix Your Book     Discuss the Book

Part One    -	The Indexing Revolution - Theory And Practice
Part Two    -	Benchmarks - The Foundation For Indexing... And All Investing
Part Three -	The Ever-Expanding Variety and Flexibility of Index Products - A Global Overview
Part Four   -	Managing Index Funds - It´s Anything but Passive!
Part Five    -	Pulling It All Together - How to Use Index Products to Build And Efficient Risk-controlled Investment Strategy
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"There is a great fiction in many parts of the investment industry: that indexing is a ‘passive’ strategy. This book clearly shows why that belief is wrong. Steven Schoenfeld and the broad group of contributors he has assembled lay out a compelling case for why both the management and use of index funds are very active processes.
Steven is a thought leader in the investment management field, and now he has provided a book that makes his knowledge available to everyone. Anyone involved with money management will want to read this book. It will become a standard reference text for years to come as more investors understand the role of indexing as part of active portfolio management.”
—Lee Kranefuss
CEO, Exchange Traded Funds
Barclays Global Investors

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Binu George, CFA
Portfolio Engineer
AXA Rosenberg Investment Management LLC

Binu George is a portfolio engineer at AXA Rosenberg Investment Management LLC. He is responsible for overseeing equity and long/short portfolios in addition to maintaining client relationships.

Previously, Binu George was an investment strategist in the International Equity Management Group of Barclays Global Investors, which is responsible for portfolio management and investment strategy in developed and emerging international markets. Binu joined the Advanced Strategies & Research Group at BGI in 1991, where he was an integral member of the team that developed BGI's Global Asset Allocation strategies. While his primary focus has been international equities, he has also worked extensively with BGI's clients on total portfolio and asset allocation issues. Binu has a Bachelor of Technology in civil engineering from the Indian Institute of Technology at Madras in India and an MBA in finance from the University of Rochester and is a Chartered Financial Analyst charterholder. Binu has a lovely daughter but he is best known by his colleagues for his gourmet eating tastes.

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