Stoxx has launched the Stoxx Optimised Country Indices for select emerging markets, as well as the Stoxx Optimised Asia Select Index.
The country indices are available for Brazil, Chile, China, Colombia, Egypt, India, Indonesia, Israel, Malaysia, Mexico, the Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey and Vietnam.
All new indices are part of the Stoxx Optimised Index family.
"With the launch of the Stoxx Optimised Country and Stoxx Optimised Asia Select indices we take another significant step towards the globalisation of our index offering," says Hartmut Graf, chief executive officer, Stoxx. "Stoxx offers an unparalleled access to emerging markets, ensuring a maximum of liquidity and constant tradability for these regions. The new indices are an addition to our existing Optimised Index family, which applies superior concepts to improve liquidity and diversification in the index."
The Stoxx Optimised Country Indices are available in two versions. The local indices represent a variable number of companies – with a maximum of 30 for each country – which are listed on the respective markets local stock exchanges. A depository receipt version, which includes DRs that are listed on London Stock Exchange, New York Stock Exchange or Nasdaq, is calculated for the following countries: Brazil, India, Mexico, Russia and China.
The Stoxx Optimised Asia Select Index covers all companies which are based in Hong Kong, Singapore, South Korea and Taiwan, and are listed on a North American stock exchange.
