News & Research

Changes were announced as part of the June regular review of the DAX 50 ESG, DAX 50 ESG+, DAX ESG Target, DAX ESG Screened and DAX indices.

Treasury yields ease over debt-ceiling compromise; Sticky inflation and Bank of England rate-hike speculations boost the pound; US stock-market gains reduce portfolio risk.

US market catches up to the European market; Info Tech’s dominance of the US market; Global trading activity rises led by US tech shares.

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.

“When the dust settles, the U.S. sovereign bond market will still be the place to go for extra liquidity, simply because there isn’t any other bucket large enough to contain it,” said Olivier d’Assier, head of applied research in APAC at Qontigo

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.

Investor sentiment continued to improve in most markets after the US government narrowly avoided defaulting on its debt. The only two exceptions were Australia and Japan, where sentiment declined, and the US, where it remained neutral and unchanged from the previous week.

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.

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.