Zug April 8, 2020 – Qontigo has expanded its suite of innovative thematic indices by two new concepts: online gaming and the fight against obesity. The STOXX® Video Gaming & eSports Index and the STOXX® Health & Weight Loss Index were introduced today, and financial products based on these indices are expected to launch in the coming weeks.
Media Contact
General Inquiries:
media@qontigo.com
Index Inquiries:
Andreas von Brevern
+49 (0) 69 211 14284
Both indices are positioned to benefit from structural, global economic growth trends. The STOXX® Video Gaming & eSports Index is comprised of companies focused in the high growth area of video games and eSports. The STOXX® Health & Weight Loss Index includes constituents that are connected to the immediate need of addressing the rising obesity levels in the global population.
“The online gaming and health and weight loss indices are the latest additions to our thematics family that seeks to capture sector-specific, long-term growth. At Qontigo we have advanced thematic investing since 2016 and now offer two dozen theme-based STOXX indices following modern concepts with above-average growth outlooks. Thematic investing aims to capture the momentum of disruptive megatrends that fall into the categories of demographics, climate change and technology. As an investment category, thematic investing has nearly tripled in the three years through December 31, 2019”, said Stephan Flaegel, Global Head of Indices & Benchmarks at Qontigo.
Each index selects constituents from the STOXX® Developed and Emerging Markets Total Market Index, and from certain Chinese markets, with substantial revenue exposure to business sectors associated with the respective concept. The business categories are based on FactSet Revere’s data. Only stocks with a given minimum trading volume are eligible.
Additionally, the two indices will exclude companies that Sustainalytics considers to be non-compliant with the Global Standard Screening and those involved in controversial weapons. This is in line with increasing demand from asset owners and investors to comply with sustainability norms, a drive that has also emerged in thematic strategies.