STOXX Limited Wins “Most Innovative ETF Index Provider Europe” Award For The Seventh Time
Andreas von Brevern
Phone: +49 (0) 69 211 14284
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that it has been named “Most Innovative ETF Index Provider Europe” in 2015 by exchangetradedfunds.com. This is the seventh consecutive year that STOXX has received this award, which was presented at the 12th Annual ETF Global Awards Dinner and Workshop hosted by exchangetradedfunds.com in New York on Apr. 21. Award winners were determined by votes cast in the industry and statistical rankings conducted by well-known ETF analysts, making the results an accurate representation of the views of the industry.
“Winning this award for the seventh time in a row is a great honor as it shows that market participants constantly value the contribution our indices make to the industry,” said Matteo Andreetto, chief executive officer, STOXX Limited. “Innovative and differentiated development is key to our business. Therefore we entered a new asset class with the launch of the EURO STOXX 50 Corporate Bond Index earlier this month. By creating this index, we translated the success factors of our flagship index EURO STOXX 50 to the fixed income space. The EURO STOXX 50 Corporate Bond Index is designed to act as an underlying for exchange-traded funds and derivatives.”
As of Mar. 31, 2016, 256 ETFs globally with USD 97.5 billion in assets under management were based on STOXX and DAX indices. STOXX is the marketing agent for the indices of Deutsche Boerse since 2010.
For further information, please see www.stoxx.com.
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Andrea Weidemann, firstname.lastname@example.org, Phone: +41 58 399 3568
Lara Atkinson, email@example.com, Phone: +49 69 211 12977
Note to Editors:
About STOXX Limited
STOXX Ltd. is a global index provider, currently calculating a global, comprehensive index family of over 7,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets.
To provide market participants with optimal transparency, STOXX indices are classified into three categories. Regular “STOXX” indices include all standard, theme and strategy indices that are part of STOXX’s integrated index family and follow a strict rules-based methodology. The “iSTOXX” brand typically comprises less standardized index concepts that are not integrated in the STOXX Global index family, but are nevertheless strictly rules-based. While indices that are branded “STOXX” and “iSTOXX” are developed by STOXX for a broad range of market participants, the “STOXX Customized” brand covers indices that are specifically developed for clients and do not carry the STOXX brand in the index name.
STOXX indices are licensed to more than 500 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. Three of the top ETFs in Europe and approximately 25% of all assets under management are based on STOXX indices. STOXX Ltd. holds Europe's number one and the world's number two position in the derivatives segment.
STOXX is part of Deutsche Boerse Group, and markets the DAX indices. www.stoxx.com
STOXX, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Boerse Group or their licensors, research partners or data providers.
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