The outcome of the STOXX Global ESG Leaders’ annual review is out. Qontigo’s broadest benchmark tracking the highest ESG-scoring companies now comprises 425 constituents: 280 from Europe, 79 from North America and 66 from Asia/Pacific.
The STOXX Global 1800 index dropped 4.1% in dollars last month, taking its retreat in 2022 to 17.9%. Investors are bracing for even tighter monetary policy as central banks fight higher-for-longer inflation.
In modifying how DAX composition changes are fixed and publicized every quarter, Qontigo is providing index trackers more visibility and a more stable base upon which to trade the changes and replicate the index.
Investors can access three different German benchmarks that follow an ESG strategy designed to meet specific needs and responsible objectives, and that have the same rules and transparency characteristics as the blue-chip DAX index.
The STOXX Global 1800 index rose 0.1% in dollars last month, paring an earlier decline of as much as 5.6%. Value and high-dividend stocks rise, but most other strategies struggle as investors contend with the prospect of higher interest rates.
The Index Industry Association (IIA) provides education and advocacy on behalf of independent index providers worldwide, CEO Rick Redding explains to Qontigo’s blog. With the transformation of the role and shape of indices in full swing, he sees huge possibilities for the industry and for investors ahead – as well as key challenges.