RT Journal Article SR Electronic T1 Where Have All the Utilities Gone? Financials Now Dominate a Crowded Low Volatility World JF The Journal of Index Investing FD Institutional Investor Journals SP 58 OP 66 DO 10.3905/jii.2015.6.3.058 VO 6 IS 3 A1 Anthony A. Renshaw YR 2015 UL https://pm-research.com/content/6/3/58.abstract AB Since mid-2012, the allocations to the financials sector in typical low volatility portfolios have doubled in most markets, and financials is now the largest sector allocation. At the same time, allocations to utilities and consumer staples have decreased substantially. The resulting portfolios may be so concentrated in financials that managing the resultant exposures may be difficult.TOPICS: Analysis of individual factors/risk premia, risk management