Bringing you live news and features since 2006 

Euro STOXX 50 Index to underlie ETF in Taiwan

RELATED TOPICS​

The EURO STOXX 50 Index is to serve as the underlying for an exchange-traded fund (ETF) in Taiwan. The index has been licensed to Yuanta Securities Investment Trust Company (Yuanta SITC), the largest mutual fund company in Taiwan, in September 2015.

“Today marks a big step for us as we further strengthen our presence in the Asian market. The EURO STOXX 50 Index is the leading blue-chip index for the Eurozone,” says Matteo Andreetto, chief executive officer, STOXX Limited. “Our transparent and rules-based flagship index provides market participants globally with access to the performance of the key Eurozone equities, now also available to Taiwanese market participants.”

“We are delighted that the offering for STOXX’s flagship index EURO STOXX 50 is expanded in Taiwan. This is an important development for us in our Asian expansion path and shows our commitment to the region,” says Shirley Low, head of Asia Pacific, STOXX Limited.

“Yuanta has always been the pioneer in providing holistic and comprehensive index investment solutions for Taiwanese investors and we strongly believe that through our cooperation with STOXX, we can deliver European market exposure to local investors. With the debut of the EURO STOXX 50 Index as the underlying for an exchange-traded fund in Taiwan, we set another milestone by expanding our global investment offerings.” said Julian Liu, president and chief executive officer of Yuanta SITC.

The EURO STOXX 50 Index was launched in February 1998. It represents 50 supersector leaders in the 12 Eurozone countries Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The index is weighted by free-float market cap, and each component's weight is capped at 10% of the index's total free-float market cap. Through its outstanding methodology it ensures a well-balanced sector representation and simultaneously represents the overall market development. The index captures approximately 60% of the free-float market cap of the EURO STOXX TMI Index. Daily historical data are available back to December 31, 1986.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by