Index Minutes: Regulations Review, Part Two
In part two of his review of index industry regulations, Bloomberg Global Head of Index Governance Vinay Reddy reviews why safeguards are important for investors and the industry at large.
Read MoreIndex Minutes: Regulations Review, Part One
Bloomberg Global Head of Index Governance Vinay Reddy reviews how the global index industry is regulated including a review of oversight functions, good governance, and EU and UK rules.
Read MoreIndex Minutes: Evolution of the Index Industry
S&P Dow Jones Head of U.S. Index Investment Strategy Anu Ganti reviews the evolution of the index industry and gives statistics on the rise of passive investing.
Read MoreIndex Minutes: Inside a Financial Index
FTSE Russell Director of Product Management Catherine Yoshimoto reviews the basics of a financial index, including methodology, weighting, and the relationship between index providers and asset managers.
Read MoreInnovation, Opportunity Define the Future of the Indexing Industry
Articles Innovation, Opportunity Define the Future of the Indexing Industry March 18, 2024 Perspective from Fiona Bassett, IIA Chair and FTSE Russell CEO Cutting edge technology, artificial intelligence, data science, huge structural tailwinds, disruption, enormous growth potential – are we describing an emerging new tech sector? In fact, we are describing the world of indexing…
Read MoreWomen Leaders in the Index Industry: A Panel Discussion
Member Insight: “Ingredients of Index Construction”- Nasdaq
Articles Member Insight: “Ingredients of Index Construction”- Nasdaq February 13, 2024 A Market Makers article from IIA member Nasdaq reviews the basic “ingredients” that are needed to create a financial index. The article, “Ingredients for Index Construction,” was written by Nasdaq Chief Economist Phil Mackintosh and Nasdaq Head of Americas Index Product Development Robert Jankiewicz….
Read MoreIIA Updated Comments on EU Benchmark Regulation (BMR) Review
The IIA released updated comments on the EU BMR, following a draft report by Rapporteur Fernandez. The IIA welcomes the draft report by Rapporteur Fernandez and appreciates that in the report the rapporteur agrees with the main objectives of the revision as proposed by the European Commission and as predominantly also agreed to by the…
Read MoreIndex Industry Association Concerns with the European Parliament’s Retail Investment Strategy Draft Report
The Index Industry Association (IIA) supports the objective of encouraging retail investment and believes this will bring significant benefits to both retail investors and the European capital markets. To this end, we welcome the adoption of a Retail Investment Strategy that allows European retail investors to benefit from lower costs and better access to investment…
Read MoreIIA Position on EU Benchmark Regulation Review
The Index Industry Association (IIA) welcomes the European Commission initiative to reduce reporting requirements by 25%, in line with the objective to boost the EU’s long-term competitiveness. The Proposal to review the Benchmark Regulation’s (BMR) scope and third- country regime is a concrete and welcomed measure to achieve this objective. The IIA supports the BMR’s…
Read MoreWhat is a Financial Index?
Videos What is a Financial Index? November 13, 2023 If you follow markets, you’ve heard about indexes. But do you know exactly what an index does and why you can’t invest in one itself? This video provides an overview of the financial index and describes the critical products and services indexes provide to global investors….
Read MoreHow Asset Managers Are Evolving on ESG: A Conversation with Rick Redding and Mark Purdy
How Asset Managers Are Evolving on ESG: A Conversation with Rick Redding and Mark Purdy September 22, 2023 IIA CEO Rick Redding speaks with one of the author’s of the 2023 IIA ESG Survey, Mark Purdy, managing director of Purdy Associates. In this conversation, they discuss some of the surprising findings this year. They also…
Read MoreVoices of the IIA – Tom Kuh, Morningstar Indexes Head of ESG Strategy
Voices of the IIA – Tom Kuh, Morningstar Indexes Head of ESG Strategy September 20, 2023 Tom Kuh, Morningstar Indexes Head of ESG Strategy The IIA sat down with Thomas Kuh, Head of ESG Strategy for Morningstar Indexes, to talk about his role at Morningstar, perspectives gathered from his more than 30 years in ESG…
Read MoreIndex Industry Association’s Third Annual Global ESG Asset Manager Survey
Index Industry Association’s Third Annual Global ESG Asset Manager Survey Despite recent global economic uncertainty and geopolitical turbulence, asset managers reported strong growth in ESG investment over the past year across asset classes and believe it will continue well into the future. The report explores: The state of ESG investment among asset managers today and…
Read MoreIIA Response to the European Commission’s Call for Evidence on the Review of the Scope and Third-Country Regime of the EU Benchmark Regulation
The Index Industry Association (IIA) has submitted a response to the European Commission’s Call for Evidence on the review of the scope and third-country regime of the EU Benchmark Regulation. In the response, the IIA reaffirmed its position that all benchmarks do not present the same levels of systemic risk, and that the Benchmark Regulation’s…
Read MoreWomen’s History Month Panel Reflects on Index Industry Embracing Diversity
The IIA recently gathered leaders from global index providers to discuss progress the financial industry has made in creating and fostering opportunities for women. In the Voices of the Index Industry webinar, moderator Deborah Fuhr, ETFGI’s managing partner & founder and co-founder of Women in ETFs, acknowledged the industry’s diversity while hearing each panelist’s unique…
Read MoreVoices of the IIA – Lauren Young, Cboe Global Markets
The IIA sat down with Cboe Senior Director of Index Governance Lauren Young to talk about, among other topics, her role at Cboe, what she’s most excited about and how she defines leadership. Q: What do you enjoy most about your role at Cboe? One thing I greatly enjoy about my role within Cboe Global…
Read MoreVoices of the IIA – Molly McGregor, Qontigo
As head of global marketing and communications for Qontigo, Molly is responsible for global brand and market positioning, product marketing and go-to-market campaigns, corporate communications, media and advertising, global conferences and events. She recently offered her perspective on what is most challenging and rewarding about her role, inclusive leadership and engaging clients in a post-pandemic…
Read MoreVoices of the IIA – Amelia Furr, Morningstar Indexes
The IIA sat down with Amelia Furr, Global Head of Sales for Morningstar Indexes, to talk about her role at Morningstar, her thoughts on inclusive leadership and the role of women in the index industry, what she is most excited about for the index industry and how she defines leadership. Q: What is the most…
Read MoreESG Fixed-Income Exposure: Index Providers Respond to Asset Manager Demand
By Rick Redding, CFA Originally published November 30, 2022 in the CFA Institute’s “Enterprising Investor” What does the latest Index Industry Association (IIA) global membership survey reveal about current trends in indexes and benchmarks? Chief among the key data points is that the rapid expansion of environmental, social, and governance (ESG) indexes continues to gain momentum and diversify…
Read MoreESG Criteria: Global Asset Managers Expand Their Embrace
By Rick Redding, CFA Originally published September 7, 2022 in the CFA Institute’s “Enterprising Investor” The number of environmental, social, and governance (ESG) benchmarks and indexes demanded by the asset management community has grown at an unprecedented rate over the past two years. That’s according to our latest survey of Index Industry Association (IIA) members. Unpacking these…
Read MoreInsights from the IIA’s Second Annual Global ESG Asset Manager Survey
The IIA released our Second Annual Global ESG Survey of Asset Managers. This year’s survey examined the evolving role of ESG investment in the asset management industry and the growth it experienced in the face of geopolitical instability, a 40 year high in inflation and six months of market volatility. We once again, partnered with…
Read MoreIIA Member Firms Reflect on the Impact of the IIA (Part 2)
Since its founding, the IIA has represented the global index industry in regulatory matters. We work closely with market participants, regulators, and other representative bodies to promote sound practices in the industry that strengthen markets and serve the needs of investors. As the Index Industry Association celebrates the 10th Anniversary of our founding, we took…
Read MoreIIA Response to SEC Comment Request re: Information Providers Acting as Investment Advisors
The Index Industry Association (IIA) submitted a response to the U.S. Securities and Exchange Commission’s (Commission) request for comment on “Certain Information Providers Acting as Investment Advisers” (Comment Request). In the response, the IIA noted that it does not agree with the Commission’s suggestion to regulate index providers as investment advisers under the Advisers Act…
Read More