Toronto-based Sprott Asset Management has entered into a definitive agreement to acquire the $850m NYSE Arca-listed North Shore Global Uranium Mining ETF (URNM US).

Morningstar Indexes has introduced a new series of indices that are designed to help investors progress towards meeting EU CTB and PAB requirements.

FTSE Russell has made its debut foray – in a formal capacity – into crypto-asset markets with the unveiling of the FTSE Digital Asset Index Series.

Bloomberg and GSAM have teamed up to launch the Bloomberg Goldman Sachs Global Clean Energy Index.

The Index Industry Association (IIA) has released the results of its fifth annual global benchmark survey, revealing record-breaking growth in the number of ESG indices produced by its members.

Almost half of UK-based investment advisers have reported that clients are intending to step outside of the adviser relationship in order to gain exposure to digital assets.

S&P Dow Jones and MSCI have launched their latest consultation on proposed changes to the Global Industry Classification Standard (GICS), with potential ramifications for ETF investors.

Trackinsight, a provider of ETF data and analytics, has launched a proprietary classification system for thematic ETFs.

Euronext, in collaboration with Borsa Italiana, has launched a socially responsible alternative to the FTSE MIB, Italy’s foremost equity index.

By Varun Raju, Team Lead, Products, and Vaibhav Agarwal, Head of Products, Indxx.

The unrelenting growth of passive investing, owing to its ease and low costs, has further galvanized index providers and fund managers to discover innovative solutions and reduce market inefficiencies.