The index provider is also working on custom benchmarks for other clients, including an Asia-Pacific Reit index.
Malaysia becomes a candidate for potential upgrade in FTSE Group’s Global Equity Index Series, while China A-shares and Taiwan miss out on promotion this year.
The index series can be used by even the most conservative Shariah-compliant investors since it makes use of asset-based debt screening.
The index goes live in January, but trial values are already available.
FTSE CEO Mark Makepeace expects South Korea to clear a foreign exchange hurdle and become eligible to investors as a developed market next year.
China index market heats up as Shanghai exchange begins breach of contract case against FTSE Xinhua.
The new S&P/Citic all-share index will take on FTSE/Xinhua’s dominant range of products.
Korea, Taiwan and China on FTSE watch list for status change.
The China 25 is the first of a series of tradable China indices for foreign and domestic users.
The 50:50 joint venture plans to launch a series of indices for foreign and domestic investors of derivatives, index funds and exchange traded funds in China.