STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that it has been named “The Most Innovative ETF Index Provider Europe 2014”. This is the sixth consecutive year that STOXX has received this award, which was presented at the 11th Annual ETF Global Awards Dinner and Workshop hosted by Exchangetradedfunds.com in New York on Apr. 30. Award winners were determined by votes cast in the industry and statistical rankings conducted by well-known ETF analysts, making the results an accurate representation of the views of the industry.
“We are honored to win this accolade for the sixth time in a row by an established and well-respected institution such as exchangetradedfunds.com,” said Hartmut Graf, chief executive officer, STOXX Limited. “Our most recent innovative index launches include the STOXX Sharpe Ratio index family and the STOXX ASEAN Select Dividend 30 Index, which is an addition to our ASEAN Select Dividend index family.”
The STOXX Sharpe Ratio indices include stocks from respective benchmarks that have the highest Sharpe ratios, while excluding those with low dividend yields and low liquidity. The STOXX ASEAN Select Dividend 30 Index allows market participants to take advantage of investing in ASEAN companies with high dividend payouts.
As of Mar. 31, 2015, 269 ETFs globally with assets under management of 110 billion US dollars were based on STOXX, DAX and SMI indices. STOXX is the marketing agent for the indices of Deutsche Boerse AG and SIX AG since July 2010.