ActiveIndexInvesting.com is the official website of the book Active Index Investing, edited by Steven Schoenfeld and published by John Wiley and Sons's Wiley Finance imprint.  It is designed to be the book's 'Electronic Appendix' or 'E-ppendix' and thus help keep the book's extensive content relevant and timely.  The 'E-ppendix' is also accessible at http://www.eppendix.com/ and http://www.e-ppendix.com/ .  It also serves to supplement the book, which even with its 31 chapters and 688 pages, cannot possibly cover the ever-expanding world of index-based investment.

As noted in the book's preface (excerpted elsewhere on this website), the goal of this site is also to provide an opportunity for the book's readers, contributors and Editor to communicate with eachother, and for questions and debate on the book's topics to evolve.  Thus readers are very much encouraged to submit their feedback on both the book and this site to the Editor, who together with his partners at IndexUniverse.com will make every effort to be responsive.

Active Index Investing's E-ppendix is supported by the content and technology of IndexUniverse.com, the website founded by the book's Editor in 2002.  In fact, IndexUniverse.com was the initial prototype for the book's E-ppendix, but it quickly outgrew that purpose and has been warmly embraced by the indexing community and has since taken on a broader mission, which is described below.   Due to his role and responsibilities at Northern Trust Global Investments, Steven Schoenfeld no longer has editorial input into IndexUniverse.com

About IndexUniverse.com

IndexUniverse encompasses the world of indexing… and beyond.   The website and related sub-sites cover product and market developments related to index funds, exchange-traded funds (ETFs), index derivatives (futures/options/swaps), and the sophisticated investment strategies which use these financial tools.   Its goal is to provide the industry’s best news, columns, research, and features about the dynamic field of index-based investing and trading.   Industry professionals, individual investors, business/finance students and academic researchers will find various features targeting their interests and needs.   It aims to be educational, thought-provoking, and most importantly, rigorously independent in our perspective. 

IndexUniverse was founded by Steven Schoenfeld, and is now a global effort, published by Jim Wiandt and supported by a diverse team in the U.S., Europe, and Latin America.    As discussed above, the site was started by Steven as a data and information complement to his book, Active Index Investing, published by Wiley Finance.  As he recognized the need and potential for such a resource, in August 2003, Steven partnered with Jim, who as Editor of The Journal of Indexes similarly recognized the industry’s need for timely, useful and independent information on products and markets.  

IndexUniverse.com is now the flagship website for The Journal of Indexes, The Exchange Traded Fund Report (ETFR), and supports Steven’s book through this E-ppendix sub-site, ActiveIndexInvesting.com.     .

IndexUniverse.com's FOUNDER's and EDITOR/PUBLISHER's BIOS

Steven Schoenfeld is the Chief Investment Strategist for Global Quantitative Management at Northern Trust Global Investments (NTGI), and he leads NTGI's Global Quantitative Investment Committee.  He the Editor of Active Index Investing, and was the Founder of IndexUniverse.com and served as it's Editor-in-Chief from it's inception in mid-2002 through Autumn 2004.   He is also Senior Research Fellow at Duke University's Global Capital Markets Center. 

From November 2003 through September 2004 he  was the Managing Partner of Global Index Strategies LLC, a consulting firm focusing on financial product development and benchmark selection.  Earlier in 2003, Steven served as Chief Investment Officer of Active Index Advisors, specializing in customized, tax-optimized enhanced index portfolios for individuals and institutions.

Previously he was a Managing Director at Barclays Global Investors (BGI). In his six years at BGI, he served in a range of positions focusing on international and global index-based strategies, including Head of International Equity Product Management and Team Leader of BGI's International Equity Management Group,.  In the latter role he was responsible for the management of over $70 billion in developed-international and emerging market index investments, including a variety of 'alternatively-weighted' institutional strategies and BGI's international and global iShares exchange-traded funds. Steven spearheaded the launch of many new and innovative index strategies and products, including the industry's first 'integrated international' strategy based on MSCI ACWI ex-US, the iShares S&P Global 100 Index fund trading on the NYSE, the iShares MSCI EAFE fund, and 'Options on EFA' trading on the CBOE. He also served as BGI's Global Coordinator for Index Methodology, and was a member of BGI's Global Equity Index Investment Committee.

Prior to joining BGI in 1996, Steven worked at the International Finance Corporation (IFC), the private-sector arm of the World Bank, where he structured the first emerging market index funds and derivatives based on the IFC Indexes. In 1985-86 he was a Fulbright Scholar in Economics at the National University of Singapore, and subsequently spent three years as a 'local' at SIMEX (now the Singapore Exchange), trading Japanese stock index futures.

Steven is a member of the S&P US Index Advisory Panel and the S&P Global Index Advisory Panel, the American Stock Exchange's New Product Development Committee and The Pacific Council for International Policy.  He is a member of the FTSE Equity Indexes Committee and FTSE Americas Regional Committee, the Russell Indexes Client Advisory Panel, and serves on the Editorial Board of the Journal of Indexes.   He is the co-author of The Pacific Rim Futures and Options Markets (McGraw-Hill, 1992), and contributed chapters to The Global Investor Book of Investment Rules, The World's Emerging Stock Markets, Global Investment Risk Management, The Global Bond Markets, and The Global Equity Markets.  Steven holds a B.A. in from Clark University, studied at the London School of Economics, and in 1992 received his M.A. from the Johns Hopkins University School of Advanced International Studies (SAIS).

Jim Wiandt is President of Index Publications, LLC, Editor of the Journal of Indexes, and Publisher of IndexUniverse.com and Exchange-Traded Funds Report.  The Journal of Indexes was originally founded by John Prestbo of Dow Jones Indexes, and has served as the 'book of record' for the index industry since 1999.

In addition to overseeing the transition of JoI to an independent publication with editorial and financial support from across the index industry, Wiandt also spearheaded a similar effort in which he took on the role of managing Exchange-Traded Funds Report in 2003.  Founded by MARHedge and edited by Marsha Zapson, ETFR had established a position as the leading source of ETF news and data for the ETF industry. Finally, in late 2003, Wiandt joined forces with Steven Schoenfeld, and cemented an agreement that facilitated the evolution of Schoenfeld's Web site IndexUniverse.com, which had been founded to support his book, into a broadly-focused, independent Web site. IndexUniverse now serves as not only the online home of the Journal of Indexes, ETFR and Schoenfeld's book, Active Index Investing, but also has its own editorial team and includes research, tools and data from across the industry.

Wiandt was formerly Publisher of IndexFunds.com and is the author of Exchange Traded Funds, a book that was published by John Wiley & Sons. Before being hired as Site Editor at IndexFunds.com, Mr. Wiandt had a diverse and colorful editorial background. Most recently he had served as an editor and writer for Compton's Encyclopedia. There he was responsible for writing and editing mainly content dealing with international finance and global affairs.

Previously he served as a contract journalist in West Africa after serving in the Peace Corps in Niger. He has lived in Boston, New York, London, Spain, Venezuela, West Africa and Japan, serving variously as a teacher, legal assistant, and writer. While in England, he served as an aide in the British Parliament. Wiandt is a 1991 graduate of Tufts University.