New S&P/Barra 'Style' Indices
May 1, 1992
Barra, in collaboration with Standard and Poor's Corporation, has constructed the S&P/Barra Growth Index and S&P/Barra Value Index to separate the S&P 500 into value stocks and growth stocks. The design of the indexes is an outgrowth of research into investment styles in the U.S. equity market performed in conjunction with 1990 Nobel Laureate William F. Sharpe. The indexes serve as benchmarks for institutional investors who wish to more closely track these two dominant investment styles in the market.