FTSE Group, the award winning global index provider and CNBC, recognised global leader in business news, today announced the creation of a new index series to track the performance of the 100 largest companies in Asia Pacific…….
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The FTSE CNBC Asia 100 Index calculated using FTSE’s renowned global index standards, will feature on CNBC news programmes giving investors a unique insight into the blue chip investable Asian market. The new index can also be licensed as the basis for Exchange Traded Funds (ETFs), structured products, derivatives or as a performance benchmark.
In addition to the broad based FTSE CNBC Asia 100 Index, specialised country and industry indices will be available for investors who want deeper analysis of the key drivers of performance. The indices are based on the Industry Classification Benchmark (ICB), a comprehensive, transparent and definitive classification system used by investors and exchanges worldwide. The FTSE CNBC Asia 100 Index is the latest index venture by FTSE and CNBC, following on from the FTSE CNBC Global 300 and FTSE CNBC Global 300 Supersectors launched in 2006.
The FTSE CNBC Asia 100 Index features the hallmarks in index design that FTSE is renowned for including transparent index rules, governance procedures, liquidity screens and free float adjustment.
Source: ETFWorld – FTSE
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