FTSE Group, The US National Association of Real Estate Investment Trusts (NAREIT) and the US Green Building Council (USGBC) have developed the first investable green property indexes for both institutional and retail investors, bringing together US real estate indexing, REIT market expertise and environmental building standards.
Smart beta solutions were originally developed for equities, but now some of the key product providers such as Lyxor Asset Management are offering the same approach for bonds.
The Index Industry Association (IIA) has appointed Rick Redding as its first executive director.
Last week the Russian stock market attracted more money from investors than its other BRIC peers. Combined with the leading performance of Russia’s indices, this has put Russia in a favourable position for the first time in weeks.
The Nairobi Securities Exchange (NSE) and the FTSE Group index provider are to launch a Kenyan Shilling Government Bond Index, the first benchmark index tracking the Kenyan government bond market.
FTSE has become the latest index provider to launch equities benchmarks whose aim is to control volatility, which has recently been worryingly high in developed market, cap-weighted indices that allocators typically used in the past.
TT International, the UK based high alpha specialist that offers long only and hedge fund strategies, has switched one of its key benchmarks to the MSCI Europe ex UK index from the FTSE Europe ex UK index.
A series of White Papers and other published documents from index manufacturers such as S&P Indices and MSCI illustrate the ongoing changes in demand for certain alternative types of indices.
MSCI, S&P Indices and FTSE have created a global trade body for the index industry, called the Index Industry Association (IIA).
Some of the UK’s biggest investors have added their voice to calls for FTSE listed companies to have at least half their shares traded on the market.
Lyxor Asset Management has launched SmartIX Equally-weighted Risk Contribution (ERC) Equity Indices, a new range of risk-weighted indices aiming to prevent risk concentration and improve diversification.
The FTSE Group has entered a partnership with Paris-based asset manager TOBAM to expand FTSE’s range of non-market cap weighted indices.