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.

Institutional and wholesale investors have signaled their intention to ramp up allocations to factor ETFs, according to a recent study from Invesco.

Thematic and ESG investment strategies are expected to play a significant role in the future growth of passive investing in Europe, according to financial research firm Cerulli Associates.

Dimensional Fund Advisors has converted a further two tax-managed mutual funds, collectively housing $8.2 billion in assets, into transparent actively managed ETFs.

Morningstar has agreed to acquire Moorgate Benchmarks, a privately held indexing specialist based in Europe, in a move that aims to enhance the investment research firm’s direct indexing capabilities.