STOXX: Most Innovative Index Provider Global 2018
STOXX have been leading the way in innovative index concepts since 1998 and their indices serve as investment roadmaps, enabling clients to plot a sure course with independent and transparent market performance data. STOXX’s comprehensive offering of indices — more than 10,000 — covers more than 95 percent of the world’s investable markets and provides an index solution for every investment need. The company´s indices present specific market insights across a broad range of industries, geographies, and strategies. Innovation is the driving force behind the company’s success. In 2000, they became the first index provider to implement free-float market capitalisation across all its indices, and a year later it introduced its first sustainability indices, which have since grown into an innovative series of environmental, social, governance (ESG) indices. Active supplier of solutions to the ETFs industry, in the last five years their Europe 600 index embraced ETFs (exchange-traded funds) and in the last five years their STOXX Europe 600 Index has seen 9.8% compound annual growth while their STOXX Global 1800 Index has grown 13.8% a year.2018 has been a very active and successful year for the company as they have introduced several new indices. In January they launched the first-ever index that tracks AI innovators and selects its constituents based on an AI algorithm. They followed this up by launching first a range of LDI bond indices in April and then, in May, their EURO STOXX Multi Premia Index, that complements a suite of factor and multi factor strategies. Over the summer they expanded their thematics suite with indices covering blockchain, fintech and B.R.AI.N (biotechnology, robotics, AI and nanotechnology). Given the success of these launches, the Judges Panel have decided to name STOXX as the CFI.co Most Innovative Index Provider – Global 2018.