STOXX Limited, the leading provider of European equity indexes, today announced that it has been named "Best Index Provider." The award was presented at the third ETF Forum hosted by Portfolio Verlag. Award winners were selected based on votes cast by the readers of Portfolio International and Portfolio Institutionell. The magazines' readerships consist of users of indexes and exchange-traded funds (ETFs).
"Winning this award acknowledges STOXX's role as Europe's leading index provider, having been dedicated to developing accurate, objective and leading-edge indexes for the investment community for the past eleven years," said Ricardo Manrique, chief executive officer, STOXX Ltd. "The popularity of ETFs continues to rise, which has driven an even greater demand for sophisticated index concepts. Our extensive offering of indexes is well-suited to underlie a broad range of ETFs from pure market beta products to those seeking to offer more innovative investment solutions."
There are currently 200 exchange-traded funds based on Dow Jones STOXX Indexes, including the flagship Dow Jones EURO STOXX 50, Dow Jones STOXX 600, Dow Jones STOXX 600 Supersector and Dow Jones STOXX Select Dividend indexes.