Index

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.

STOXX Ltd. has announced an unscheduled component change in the SDAX index. SYNLAB AG will leave the SDAX because it does not meet the requirement “existing listing on the Regulated Market of the Frankfurt Stock Exchange (FSE)” any more (rulebook, section 5.4.2 Breaches of basic criteria).

Eight STOXX Thematic indices underlying ETFs in Europe had their annual rebalancing in June, with six of them seeing updates to the business sectors associated with the targeted theme. The ‘purity’ ratio, or theme-related revenue, remains above 80%.

The global benchmark rose 2.3% last month for a 2024 advance of 11.6%. It was the index’s seventh monthly advance in eight months as investors expect US interest rates to start dropping this year, aiding the global economy.

US stocks rose in June as investors weighed the prospects for interest-rate cuts amid slowing inflation. European shares fell as results from the European Parliamentary elections increased political risk.

The German blue-chip benchmark was introduced in July 1988. Its impressive 1,575% rally since then is a reflection of the global economy’s transformative growth and the corporate successes at home.

Asset TV caught up with Hamish Seegopaul, Global Head of Index Product Innovation at STOXX; and Zubin Ramdarshan, Head of Equity & Index Product Design at Eurex, to understand just how VSTOXX and its derivatives work. They were joined by Yangyang Hou, Executive Director for Global Quantitative and Derivatives Strategy at JP Morgan, who explained how investors and traders are using VSTOXX futures and options in a market with plenty of sources of potential risk.

The fight to preserve our nature’s systems is intensifying, presenting both additional risks and opportunities for investors. The ISS STOXX Biodiversity indices offer a multi-step framework to address biodiversity challenges while employing state-of-the-art datasets.

The STOXX Optimal 100 indices mirror their parent indices with a smaller constituency. In controlling tracking error and active exposures through an optimization process, the new indices offer a tool for efficient hedging of benchmark portfolios.

Weekly expirations allow market participants to finetune hedging and accurately implement strategies around specific events such as economic data releases. The new options further expand a comprehensive derivatives ecosystem around the STOXX Europe 600.