Stoxx Eyes Buy Side with Index Expansion
Swiss index provider Stoxx is expanding its coverage of—and presence in—markets outside its core European base to win business from buy-side firms and from new regions, officials say.
In February, Stoxx launched a global index family of more than 1,200 blue-chip indexes covering 53 countries, developed over the past year following Dow Jones’ sale of its stake in the venture to Stoxx owners SIX Group and Deutsche Börse. However, chief executive Hartmut Graf says the vendor plans to expand this to
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