STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that it has been named “Most Innovative Index Provider” in 2015 by ETFExpress. STOXX has won this award in 2010, 2011, 2012 and 2013. 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.
“Winning this award is a great honor as it shows that market participants value the contribution our indices make to the industry,” said Hartmut Graf, chief executive officer, STOXX Limited. “In keeping with our tradition of innovation, we launched the STOXX Sharpe Ratio index family this month. This index family is an important addition to our smart-beta offering, which includes several other indices, such as Minimum Variance, Strong Quality and Strong Balance Sheet, among others.”
Sunil Gopalan, publisher of ETFExpress, said: "STOXX's latest award continues a long line of ETFExpress awards won by the company, which has earned its laurels by continuing to innovate and develop new products across all asset classes in the index space.”
ETFExpress is part of Global Fund Media (GFM), the largest online news publisher serving institutional investors, wealth managers and their investment managers and advisers across all asset classes, with six daily global newswires and news-driven websites. Started in 2002, GFM is headquartered in Jersey, Channel Islands. 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 at the end of the voting period are subject to a final review by the senior editorial team of ETFExpress.
As of Dec. 31, 2014, 274 ETFs globally with 96.6 billion in assets under management 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.
For further information, please see www.stoxx.com.