Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, October 24 2019 - 15:45
AsiaNet
SGX Index Edge licenses index to Nikko Asset Management as investors increasingly turn to thematic investing
SINGAPORE, Oct. 25, 2019 /PRNewswire-AsiaNet/ --

Singapore Exchange (SGX) today announced it is licensing its iEdge-FactSet 
Global Internet Index to Nikko Asset Management (Nikko AM). Nikko AM, one of 
Asia's largest asset managers, will adopt the index for exchange-traded fund 
(ETF) listing. 

Logo - https://photos.prnasia.com/prnh/20191023/2619461-1LOGO 

Thematic investing is growing rapidly, as investors aim to capitalise on 
long-term, macro-economic themes and trends by investing in businesses that are 
poised to benefit from these economic, social or technological trends. 

SGX Index Edge, in collaboration with partner FactSet, have developed a suite 
of indices aimed at capturing global, transformational trends, while offering 
investment opportunities in businesses impacted by these trends. iEdge-FactSet 
Global Internet Index is a new addition to the iEdge-FactSet series of indices, 
providing exposure to global stocks that are positioned to grow with the shift 
to web-based technologies. 

Simon Karaban, Head of Index Services at SGX, said, "There is an increasing 
allocation of global assets to thematic-based investing and we are proud to be 
at the forefront of developing innovative and respected index-based solutions 
for our product partners. The iEdge-FactSet series of thematic indices offer 
flexibility and choice for investors who can better express their view on a 
range of emerging trends across global markets. We are pleased to be partnering 
with Nikko AM in licensing the iEdge-FactSet Global Internet Index, drawing on 
our respective strengths to offer a compelling solution for investors." 

Eleanor Seet, Head of Asia ex-Japan at Nikko Asset Management, said, "This is 
Nikko AM's first ETF offering in Hong Kong, and we are pleased to have the 
partnership of SGX through the iEdge-FactSet Global Internet Index. The Nikko 
AM Global Internet ETF (https://www.nikkoam.com.hk/etf/global-internet-etf) 
provides investors with easy and low-cost access to the world's internet 
titans, across trending themes such as e-commerce, internet of things, social 
networking, cloud services and e-gaming. As a leading ETF issuer in an 
increasingly challenging environment, we are committed to delivering 
progressive and relevant solutions to our investors."

The iEdge-FactSet Global Internet Index aims to trace the performance of 
developed market securities in the internet segments. Securities captured 
within this index include companies primarily in Internet and Data Services, 
General Internet and Online Services, Internet Support Services, Financial 
Software and Services, Virtual Reality and Engineering Software business 
segments and Online Retail. For more information on iEdge-FactSet Thematic 
Indices, please click here (https://www2.sgx.com/indices/services/thematic). 

SGX will continue to expand its series of thematic indices, working closely 
with product issuers to deliver differentiated products through customised 
index solutions that offer investors significant choice and investment 
opportunity. 

About Singapore Exchange 

Singapore Exchange (SGX) 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 
and is Asia's pioneering central counterparty. For more information, please 
visit www.sgx.com

SOURCE  Singapore Exchange
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