Chris McDonough Article – From Blue Chips to Micro Chips: How Market Leadership Has Transformed

Public equity markets have undergone a dramatic transformation in recent decades. Once dominated by
industrial “blue chips,” the U.S. stock market is now led by capital-light technology firms, “micro chip”
companies, that command increasing influence over index performance and capital flows. This shift carries
important implications for institutional asset allocators managing long-term portfolios.

Click Here to read the full article in GAPPT (Georgia Association of Public Plan Trustees).

Click Here to read the full article in NCPERS (National Conference on Public Employee Retirement Systems).