Guillermo Cano is an Executive Director on the Index Solutions team, focused on working with asset owners on global and factor index strategies. Previously, he held several roles at FTSE Russell, including Director of Alternatively Weighted Indexes for the Americas and Europe. Guillermo holds an MBA in Finance and Accounting from the University of Washington and a BA in Music and Business Administration from the University of Miami.
Research and Insights
Articles by Guillermo Cano
Climate and ESG Indexes in Focus: Let’s Get Specific6 mins read Blog | Jul 31, 2023 |
How did our flagship climate and ESG indexes fare versus the broader market in the second quarter? And how much did constituent companies decarbonize since the quarter before? We delve into the specifics.
Understanding the MSCI Climate Action IndexesResearch Report | Jun 12, 2023 |
The MSCI Climate Action Indexes offer an additional approach to climate investing by selecting companies in each sector that have reduced or committed to reduce emissions, seem well-positioned to manage climate risk and have generated green revenues.
Climate and ESG Indexes in Focus: Sectors Told the Story6 mins read Blog | May 8, 2023 |
We review the drivers of performance for ESG and climate indexes over the first quarter of 2023, and investigate the explanatory power of the carbon-efficiency factor over time.
Parallel Benchmarking for Climate Alignment5 mins read Blog | Jan 5, 2023 |
Broad market-cap weighted indexes might not fully assess climate-objective alignment. We believe that an appropriate parallel benchmark could help illustrate this alignment, improve transparency and allow investors to make more informed decisions.
Portfolio Intelligence Through a Carbon-Efficiency Factor6 mins read Blog | Sep 1, 2022 |
The transition to a low-carbon economy may trigger a major transformation of the global economy, generating significant risks and opportunities for companies and investors.
Value and Growth Investing as ESG and Climate Friendly6 mins read Blog | Jul 28, 2022 |
Many investors may be seeking to align their value- or growth-oriented portfolios with the consideration of ESG as well as the transition to a low-carbon economy. We detail several approaches for working toward these investment objectives.
Since the War, ESG Mattered for Equities2 mins read Quick Take | Mar 31, 2022 |
One month after Russia’s invasion of Ukraine, we looked at the impact it has had on the equities of European firms, given their proximity to the theater and reliance on Russian oil, and investigated what role ESG has played.
Net-Zero Alignment: Portfolio Construction Approaches for InvestorsResearch Report | Dec 1, 2021 |
Post-COP26, the need to reach net-zero is more compelling than ever. How can investors approach a net-zero pathway in their equities portfolio? We explore three portfolio-construction approaches that target reductions in carbon emissions over time.
Understanding MSCI Climate Indexes: Methodologies, Facts and FiguresResearch Report | Nov 2, 2021 |
Integrating climate considerations into benchmarks is one way to build a consistent framework for integrating climate risk across an entire equity portfolio. We discuss four categories of climate indexes that reflect investor objectives and preferences.
What Really Drove Value and Growth Fund Performance?5 mins read Blog | May 14, 2021 |
Many look to market-cap indexes when comparing the performance characteristics of growth and value funds — including manager skill. We found a switch to style indexes reduced industry- and style-factor contributions and made manager skill more apparent.
Are Growth and Value Indexes Still in Style?5 mins read Blog | Mar 9, 2021 |
Growth and value indexes were created in the 1980s as finer tools than market-cap indexes to measure the performance of growth and value funds. Are style-specific indexes still a relevant choice to use as benchmarks for these funds?
Factoring in ESG5 mins read Blog | Feb 26, 2021 |
How much does ESG contribute to portfolio risk and return? We looked at whether ESG performance was influenced by other factors or helped explain returns as a factor in its own right, using the MSCI Global Equity Factor Model + ESG.
Is There a Green-to-Fossil-Fuel Premium?7 mins read Blog | Aug 25, 2020 |
As investors evaluate the possible reallocation of capital around the transition toward a low-carbon future, we analyzed the characteristics and performance of companies engaged in green versus carbon-intensive activities. Was there evidence of a “green-to-fossil-fuel premium”?
Quantifying ESG fund performanceBlog | Apr 6, 2020 |
One challenge facing investors is how to quantify the impact ESG has had on their investment process. We analyzed top ESG funds to better understand the contribution of the ESG factor to their performance.
The value of standards in the investment processBlog | Dec 2, 2019 |
Standards can establish a common language and provide clarity among market participants. We examine three to see how they can help evaluate returns, quantify factor exposures and measure the impact of changes in sector and industry trends.
Cyclicals vs. defensives: Did tariffs tip the scales?Blog | Nov 5, 2019 |
Did tariffs imposed by the U.S. and China in May trigger a shift to defensive from cyclical stocks? How did they affect different U.S. sectors and industry groups?
Factors and ESG: The Truth Behind Three MythsBlog | Mar 20, 2019 |
There are misconceptions of the relationship between factors and ESG issues. We debunked three common myths about ESG, momentum, quality and smaller-cap stocks.
What market volatility has meant for factorsBlog | Feb 13, 2019 |
As investors continue to focus on factor investing in periods of heightened volatility, we ask how volatility has affected factor performance.
Can the Right Benchmark Improve your Vision?Blog | Jul 26, 2018 |
As interest in ESG investing continues to grow, so does the number of actively managed strategies that integrate environmental, social and governance considerations into their investment processes. However, institutional investors and managers have been benchmarking many of these ESG-tilted strategies against standard market-cap-weighted indexes. While these indexes provide a broad basis for evaluating performance, they lack the ability to provide the insights that might be gained from...