Effective immediately the index family will be rebranded as “Dow Jones STOXX Global 1800.” STOXX Ltd. will take over the client management, licensing, marketing and promotion of the Dow Jones STOXX Global 1800.
“Market participants increasingly are looking to build portfolios that cover global markets, or combine regions such as Europe and Asia in a cost-efficient and transparent way with a brand name that has a strong presence in the market place,” said Lars Hamich, managing director, STOXX Ltd. “By licensing the Dow Jones STOXX Global 1800 family and subindexes, we will expand our strategy beyond Europe. We will accomplish this by offering existing clients and other market participants the option to complement their Dow Jones STOXX 600-based portfolios and investments with U.S.- and Asian-based index portfolios utilizing like methodology and offering the transparency associated with the existing pan-European Dow Jones STOXX benchmark family.”
The 1800-stock index and its regional and sector subindexes are derived from the Dow Jones World Index, a broad-market global benchmark of approximately 5,000 stocks that reflects the market performance of the largest 600 companies in each of the developed markets of Europe, the Asia-Pacific region and the Americas. The index family is comprised of:
- Dow Jones STOXX Global 1800 Index
- Three regional indexes covering 1,200 components each: Dow Jones STOXX Global 1800 ex Americas, Dow Jones STOXX Global 1800 ex Europe and Dow Jones STOXX Global 1800 ex Asia/Pacific
- Three regional indexes covering 600 components each: Dow Jones STOXX Americas 600, Dow Jones STOXX Asia/Pacific 600 and Dow Jones STOXX 600
- Two subset indexes of the Dow Jones STOXX Global 1800 Asia/Pacific Index: Dow Jones STOXX Global 1800 Asia/Pacific ex Japan and Dow Jones STOXX Global 1800 Japan
The Dow Jones STOXX Global 1800 and its subindexes cover the world and regional indexes with a total of 108 sector indexes.
Further information about the Dow Jones STOXX Global 1800 index can be found at www.stoxx.com.
