Bringing you live news and features since 2006 


ESG dominates indices says sixth annual Index Industry Association Benchmark Survey  


The Index Industry Association (IIA), the industry trade group for the global independent index provider community, has announced the results of its sixth annual global benchmark survey, revealing that the number of indexes globally increased 4.43 per cent in the last year, led again by ESG indexes which grew to new records.

Rick Redding, IIA’s CEO, says: “The index industry continues to meet the needs of the marketplace by creating innovative solutions. Highlighted again this year by record growth in ESG, index providers are empowering investors with the ability to define, track and better understand an ever-broadening range of financial markets, sectors, investment styles and asset classes. The results also reveal index providers are diversifying into additional asset classes and increasing competition in every major category.”

Although overall growth for 2022 (4.43 per cent) slightly trailed 2021’s pace of nearly 5 per cent for the industry, the number of ESG indexes globally grew 55 per cent and surpassed 50,000 worldwide across asset classes for the first time.

The convergence of two major trends over the last three years – the rapid increase in ESG and fixed income indexes – resulted in the number of ESG fixed income indexes increasing by a record 95.8 per cent, smashing the previous record of 61.09 per cent in 2021. Equity ESG indexes grew at a slower, but extremely rapid rate of 24.15 per cent, and for the first time were outnumbered by fixed income ESG indexes. Global fixed income ESG growth was the fastest at 122.5 per cent with EMEA following at 92.5 per cent growth from the previous survey.

Overall fixed income indexes increased 4.52 per cent, slightly outpacing equities which increased 4.29 per cent. Muni indexes enjoyed the strongest year for non-ESG fixed income, growing 10.86 per cent while the distribution across other categories remained stable led by Sovereign, Composite and Corporate Bond Indexes.

While the Americas market has more fixed income indexes than other regions, the distribution of indexes across all regions remained stable and consistent with recent years. This is in contrast to equity indexes, the IIA writes, where the Americas have the fewest indexes globally. The Americas have a much larger number of securitisation, high yield and municipal bond indexes compared to the other regions.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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