Benchmarks

The STOXX Global 1800 Index falls 4% in month when measured in dollars and including dividends. The US Federal Reserve indicates it may raise interest rates as early as next year amid signs that a spike in inflation could last longer than previously thought. US and European stocks drop in the month, led by Momentum, basic-resources and high-dividend shares.

Stocks posted their first monthly decline since January during September as rising prices from food to energy stoked concerns that central banks may have to raise interest rates just as an economic recovery is losing steam.

Qontigo has licensed four Vietnam-focused indices to Korea Investment & Securities as underlyings for Exchange Traded Notes.

A Qontigo analysis shows that the DAX enlargement contributed to the German benchmark’s diversification, decrease in concentration, stability and market representation, and resulted in relatively limited changes to style exposures. In most cases, those changes were not of significant nature.

The results of the STOXX Global ESG Leaders Index’s annual review are out. Qontigo’s broadest benchmark tracking the highest ESG-scoring companies now comprises 410 constituents: 270 from Europe, 79 from North America and 61 from Asia/Pacific.

As the DAX indices complete the biggest reform in their three-decade history, we talk to Stephan Flaegel, Chief Product Officer, Indices and Benchmarks, at Qontigo, to hear what the new rules mean for the flagship DAX and how quality, simplicity and alignment with international standards were key drivers in the overhaul.

With DAX increasing its composition from 30 stocks to 40, we review the changes to the DAX® ESG Target Index, a sustainable version of the flagship German benchmark.

Qontigo’s global index provider STOXX Ltd. has announced an unscheduled change to the DAX index. Following the spin-off of Vitesco Technologies Group AG from Continental AG, an adjustment of the DAX index is required.

Qontigo announced today the appointment of Mohan Verma as Senior Managing Director, Global Head of Business Development.

With the flagship German benchmark increasing its constituency from 30 stocks to 40, we look at the effects of the overhaul from the perspective of average constituent size and equity turnover.

Qontigo’s global index provider STOXX Ltd. today announced the new composition of the DAX index family.

The STOXX® Global 1800 Index gains 2.5% in dollars in August, lifting this year’s advance to 17.5%, amid economic optimism and expectations that interest rates will remain low. The VSTOXX® index, the gauge of European equity volatility, remains higher than it was before COVID-19 hit financial markets in the first quarter of 2020.