NZX, S&P DJI Ink Index Deal

Officials say the deal to create new investable benchmarks will open the New Zealand market to new investor opportunities.


S&P DJI will also be responsible for marketing and distributing the indexes in overseas markets.

In addition, when the agreement takes effect on June 21, NZX's existing indexes will be rebranded as S&P/NZX indexes, and the vendor will align their index methodologies with the methodologies used by its own benchmarks.

Officials say the initiative will facilitate greater investor access to the New Zealand market, and creates the potential for building a wider variety of benchmark indexes to

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