News & Research

The so-called time-weighted average price (TWAP) period employed in the calculation of the index’s daily settlement level will expand thismonth. The change should help increase liquidity in derivatives tied to VSTOXX.

STOXX Ltd. today announced the results of the regular annual review of the STOXX Blue-Chip Indices, among them the EURO STOXX 50, STOXX Europe 50, and the STOXX Eastern Europe 50 indices. All changes will be effective with the opening of European markets on September 23, 2024.

Results of the third regular quarterly review 2024 of benchmark indices will be effective September 23, 2024.

BlackRock and STOXX expand their global collaboration in factor solutions, which implement optimized strategies targeting long-term potential outperformance while controlling for risk, designed for the core of portfolios.

New ESMA rules establish which funds can carry terms such as ‘ESG’ or ‘SRI’ in their names. While the guidelines are designed for funds, they are likely to impact the names and methodologies of underlying indices too.

The EURO STOXX 50 Volatility-Balanced index, which combines an investment in stocks with a dynamic allocation to volatility futures, jumped 8% on August 5 amid a broad equities sell-off. The volatility strategy has returned an average of 3.2 percentage points a year above its benchmark since 2006 as tail-risk protection paid off.

A well-researched multifactor strategy can help investors avoid the inherent pitfalls of style-premia harvesting and cyclical headwinds, while increasing opportunities for incremental returns. We analyze the performance of the STOXX Equity Factor indices that have underlied iShares ETFs since June 2022.

The global benchmark rose 1.7% in July, with all the advance coming in the month’s first half. Weaker output and inflation data in the US boosted forecasts that the Fed may start easing monetary policy as early as September.

Stocks rose in July amid expectations that the Federal Reserve is getting close to its first interest-rate cut since 2020. The STOXX World AC index rose 1.7% last month when measured in US dollars and including dividends, taking its 2024 gain to 13.4%. The STOXX Global 1800 index added 1.9% in the month.

Driven by strong domestic growth, the STOXX India All Cap has extended its bullish run this year, climbing 84% since the start of 2021. By comparison, the STOXX Emerging Markets All Cap index has fallen 2.1% over the same period.

Eurex’s Mezhgan Qabool explains how demand to invest in chipmakers drove the launch of the STOXX Semiconductor 30 index futures in March, and what the new product offers for portfolios.

A portfolio’s decarbonization becomes more difficult once an emissions reduction of 60% is achieved, as high-emissions sectors become depleted. Thereafter, the portfolio construction approach — whether exclusion or optimization — will make a difference to the resulting tracking error and size of the portfolio.