Drawing on FTSE’s widely recognised indexing expertise and PriBIL’s extensive knowledge of the private banking sector, the FTSE Private Banking Index Series will provide a unique set of tools for high net worth investors and their banks to benchmark their multi-asset class investment. It will also create potential opportunities for the development of innovative investment products, such as index-linked funds, exchange traded funds (ETFs) and derivative products.
The series’ constituents and asset allocation will be determined by a dedicated group of private bank index members and will be calculated in a range of currencies to meet investor demand.