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SGX Index Edge and FactSet Launch a Series of Thematic Indices
October 9, 2017
Singapore Exchange (SGX) and FactSet today announced the launch of a series of co-branded thematic indices designed to provide investors with exposure to promising regional and global themes.
The indices, which have been developed through close collaboration between SGX and FactSet, use FactSet RBICS (Revere Business Industry Classification System) that enables granular industry analysis of companies based on revenue drivers. This provides a unique opportunity to tailor an index portfolio to specific themes for investors globally.
The series currently consists of four thematic indices that provide investors with the ability to track some of the most dynamic and interesting industries today:
SGX-FactSet Asia Technology Advantage EW Index
SGX-FactSet Global Cybersecurity Index
SGX-FactSet Global Robotics Index
SGX-FactSet Asia Healthcare Select EW Index
Simon Karaban, Head of SGX Index Edge, said, “SGX Index Edge is increasingly turning towards unique datasets to offer well-defined index portfolios for product issuers that allow them to better connect with the end investor. We are excited to partner with FactSet and this collaboration reinforces our approach to move beyond the traditional to provide innovative client-driven solutions.”
Jeremy Zhou, Head of Indexing at FactSet, said, “Our mission with RBICS was to understand companies based on the products and services they deliver. The result is an industry classification that provides more than 1400 industry groups from which thematic portfolios can be created flexibly and accurately. We are pleased to collaborate with SGX Index Edge to launch FactSet’s first co-branded indices in Asia.”
These indices are the first in a pipeline of co-branded thematic indices. They were created in support of the growing demand for thematic investing tools. According to data provider ETFGI, there were 447 thematic exchange traded funds (ETFs) as at the end of 2016, up from 183 in 2012.
About Singapore Exchange (SGX) Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.
SGX is the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.
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