News & Research

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.

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

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.

The funds track yen-hedged versions of the two European flagship benchmarks and come amid increasing Japanese demand for foreign assets.

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 gained 7.9% in dollars last month, its best monthly showing since November 2020. The index is still down 14.4% in 2022.

Futures and options enable investors to take directional views and hedge portfolios as markets pull back and price swings increase this year.

Changes follow a market consultation with stakeholders and were devised to bring the German equity benchmarks in line with international standards.

The global benchmark plunged 8.7% in dollars last month, wrapping up its worst month and quarter since the COVID-19 pandemic hit in the first quarter of 2020. The index is down 21% so far in 2022.

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.