Index

Qontigo’s global index provider STOXX Ltd. has announced the new composition of the DAX index family, which will become effective on 19 June 2023.

The STOXX Global 1800 index lost 1.1% last month and the STOXX World AC dropped 0.9%. European, energy and high-dividend shares were among the worst performers.

Qontigo has announced the new composition of the STOXX Europe 600 Index. This is an amendment of the previous changes in composition of the STOXX Europe 600 Index, announced on June 1, 2023.

Global equity indices retreated in May, dragged lower by European and Asian shares. In the US, better-than-expected earnings from technology companies overshadowed concerns about a government default and ongoing interest rate hikes.

Qontigo has announced the new composition of the STOXX Europe 600 Index. Effective as of the opening of European markets on June 19, 2023, these stocks will be added to and deleted from the index and its respective size and sector indices.

At the Sustainable Investment Forum Europe 2023, Antonio Celeste, Director, Sustainable Product Management at Qontigo spoke about sustainability, greenwashing, and biodiversity. Watch the whole interview here:

Thematic indices can offer diversification and market-beating returns, in some cases by using innovative index methodologies, says Christoph Schon at Qontigo.

Philips Pensioenfonds, in collaboration with index and analytics provider Qontigo and asset manager BlackRock, has successfully aligned its € 370 million emerging markets equity portfolio with several Sustainable Development Goals (SDGs). The mandate, managed by BlackRock, tracks a custom equity benchmark, the iSTOXX® PPF Responsible SDG Emerging Markets Index.

A new Qontigo article revisits the concept of tracking error, a metric that’s gaining even more attention amid the growth of sustainable portfolios. Hamish Seegopaul, Global Head for Index Product Innovation at Qontigo, addresses some key questions, including: How should the various degrees of tracking error be interpreted? Does the metric tell us much in terms of the future? And can we control this?

This article provides a high-level refresher of what tracking error means, and how we can embed it directly into portfolio construction.

Investors are right to focus on the US debt ceiling showdown these days, instead of key upcoming economic releases including the May jobs report. While a US default would unleash global economic Armageddon, markets have been relatively calm so far.

The ISS STOXX Biodiversity Index Suite, launched this week, aims to take a more holistic approach to biodiversity than existing market offerings, Antonio Celeste, Director for Sustainability Product Management at index, analytics and risk solutions provider Qontigo, told ESG Investor.