Index providers go green

Index providers go green

FTSE Russell expands its portfolio of climate risk-weighted indices to include European sovereign debt. The market for green indices, still in its infancy, is arousing the greed of major suppliers. The world of finance is adorned with green. Still confined to a niche market a few years ago, the big players are now flocking to avoid the risk of missing the trend in green finance. Assets remain limited to this day, but the sector’s growth…

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These new players who are shaking up the oligopoly of index providers

These new players who are shaking up the oligopoly of index providers

Faced with the giants of the sector, some new entrants are looking to find a place in the sun, such as Solactive, which offers a fixed price for the use of its indices. The rapid development of listed index funds (ETFs) has largely supported the growth of index providers in recent years. But these same ETFs could well call into question the domination of a handful of players such as FTSE Russell (a subsidiary of…

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“The providers of historical indices do not know how to react to a ‘low cost’ player”

“The providers of historical indices do not know how to react to a ‘low cost’ player”

Solactive seeks to shake up the highly concentrated market for index providers by slashing prices. After a sluggish start, the young German shoot quickly established itself in the landscape. How was Solactive born? Before founding Solactive, I worked at Deutsche Bank in structured product operations. We struggled to find index providers to work with us and started a new business between two companies: the Stuttgart Stock Exchange and a Swiss consultancy firm. I joined the…

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Index providers take the lead on Wall Street

Index providers take the lead on Wall Street

Stock market indices such as the CAC 40 or the S&P 500 are emblematic of the financial markets. A few large providers like FTSE Russell and MSCI dominate the industry and have some of the best performance in the financial world. New entrants want to shake up the status quo. Their names have become synonymous with the financial markets: the CAC 40, the S&P 500, the FTSE… The companies which produce these stock market indices…

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Asian stock markets plunge after dark Wall Street Wednesday

Asian stock markets plunge after dark Wall Street Wednesday

Asian stock markets fell sharply on Thursday morning following scathing comments from Donald Trump reacting to Wall Street’s plunge against a backdrop of rising interest rates in the United States. Asian stock markets fell sharply on Thursday morning following scathing comments from Donald Trump reacting to Wall Street’s plunge against a backdrop of rising interest rates in the United States. The Nikkei index of the Tokyo Stock Exchange dropped 3.89% at mid-session, to 22,591.10 points,…

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