STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that it has been named “Most Innovative Index Provider” in 2016 by etfexpress. STOXX has won this award for the seventh time since 2010. Award winners are chosen based on votes cast by readers of etfexpress. The newsletter’s readership consists of index and exchange-traded fund (ETF) users.
“We feel honored to win this award. It shows that market participants value the contribution of our indices to the industry,” said Matteo Andreetto, chief executive officer, STOXX Limited. “This year, as in past years, we continued providing innovative solutions to our clients, we launched and licensed the Industry Neutral ESG Indices in January, because sustainable investing is gaining momentum as an integral part of portfolio construction.”
"All the team at etfexpress was really pleased to give the award for Most Innovative Index Provider to STOXX at our etfexpress awards for 2017," said Beverly Chandler, Managing Editor, etfexpress. “Our readers have voted STOXX the winner of the Index category on seven occasions in the last eight years which is jointly with one other company the best performance of any company in the ETF Awards.”
Etfexpress, founded in 2002, is a digital news publisher serving institutional investors, wealth managers, their investment managers and advisers across all asset classes. The awards are based on a 'peer review system' whereby readers are invited to elect a 'best in class' in a series of categories via an online survey. In each category, the firms with the most votes are subject to a final review by etfexpress’s Senior Editorial team.
As of Dec. 31, 2016, 271 ETFs globally with USD 93 billion (EUR 89 billion) in assets under management were based on STOXX and DAX indices.
For further information, please see www.stoxx.com.