Bringing you live news and features since 2006 

Solactive launches Global Technology Leaders Index

RELATED TOPICS​

Solactive has launched the Solactive Global Technology Leaders Index, which tracks the performance of both globally leading technology companies and businesses not necessarily labeled as traditional tech firms by a common sector classification system. 

The index focuses on companies whose disruptive potential made them market incumbents that set significant impulses for the entire technology industry. This, in particular, refers to, but is not limited to, global companies engaged in technology-related themes such as cybersecurity, the Internet of Things, e-commerce, robotics & automation, artificial intelligence, autonomous vehicles, and cloud/big data.
 
With the release of the Solactive Global Technology Leaders Index, Solactive contributes to an industry-wide trend intending to provide financial indices that are expected to outperform pure benchmark indices by focusing on specific market sectors and investment themes. 

The Solactive Global Technology Leaders Index utilises the Solactive GBS Developed Markets Large & Mid Cap Index as the initial universe. From this starting point, a proprietary selection procedure accounts for the individual eligibility of each index constituent. Furthermore, in order to ensure adequate liquidity, companies are required to possess a free float market capitalisation of at least CAD1 billion on each Selection Day. 

“We are living in a world in which a company does not have to be a dedicated tech company to transform or influence complete tech businesses,” says Timo Pfeiffer (pictured), Head of Research at Solactive. “Amazon, for example, is classified as an online retailer, but, since its establishment, became a player that has set the foundation pillar for e-commerce and therefore created a whole new market for tech companies around it. The Solactive Global Technology Leaders Index includes, among others, those figureheads that significantly point the way ahead.” 

 

Latest News

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..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

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.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
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