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….

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IIA 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…

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IIA 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…

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What 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….

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Index 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…

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IIA 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…

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Women’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…

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Voices 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…

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Voices 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…

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Voices 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…

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ESG 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…

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ESG 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…

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Insights 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…

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IIA 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…

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IIA Comments on Third-Country Regime under BMR

Last week, the IIA responded to the European Commission’s consultation on the functioning of the third-country regime under the Benchmark Regulation (BMR). The consultation is meant to seek views on whether the current provision of third-country benchmarks to EU end-users is functioning properly, and to collect data to demonstrate whether the current framework should be amended….

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IIA Member Firms Highlight the Industry’s Continued Innovation

The index industry has a long track record of evolving and expanding, with the goal of providing ever-increasing options for the public to track performance of various asset classes.  As the Index Industry Association celebrates the 10th Anniversary of our founding, we asked our member firms about the present state of the index industry and…

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IIA Member Firms Reflect on the Impact of the IIA (Part 1)

As the Index Industry Association celebrates the 10th Anniversary of our founding, we took the opportunity to ask our member firms about the impact the IIA has had on the industry and key stakeholders. In the post below, our member firms to share their thoughts on the role of the IIA, and the initiatives they…

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IIA Member Firms Highlight the Growth and Innovation of the Index Industry

The index industry has a long track record of evolving and expanding, with the goal of providing ever-increasing options for the public to track performance of various asset classes, investment styles, and strategies. As the Index Industry Association celebrates the 10th Anniversary of our founding, we asked our member firms what they believe to be…

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Highlights of Index History Timeline

For more than 125 years, IIA members have been administering indices and providing benchmarks. During that time the industry has grown from measuring a few markets to where we stand today – meeting investor demand for benchmarks globally. As the index industry has continued to grow and evolve, it has remained focused on its core…

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IIA Member Firms Highlight the Rise of ESG Indexes

The index industry has a long track record of continuing to evolve and innovate, with the goal of providing ever-increasing options for the public. When we asked our member firms about the present state of the industry and the biggest opportunities on the horizon, we noticed that one theme that continuously popped up – ESG….

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