View more on these topics

Two new S&P indices for US and Europe

Standard & Poor’s Index Services has launched two new indices composed of the top stock picks of S&P’s equity research analysts in America and Europe.

The S&P US Stars index and the S&P Europe Stars index are designed to measure the performance of stocks within the S&P Composite 1500 and S&P Europe 350 given four-star or five-star rankings by S&P’s equity research services.

The firm says both indices are equal-weighted, with constituents reviewed and reweigh-ted every month.

The S&P Europe Stars index contains 25 large-cap European stocks that in the view of S&P’s Equity Research analysts should outperform the S&P Europe 350 index over a 12-month period.

S&P’s Index Services man-aging director Eudald Canadell says: “Standard & Poor’s Equity Research already provides independent equity research free of investment banking and broking conflicts to clients at some of Europe’s leading investment houses and it is widely recognised as a leading source of fundamental, qualitative-driven analysis across the region.

“This new index will enable a wider range of investors to gain exposure to the bottom-up analysis of S&P’s European equity research team and their track record of delivering superior value through changing market cycles while retaining our hallmarks of transparency and integrity.”

Recommended

Sesame wants FSA to help small firms with compliance

Sesame believes small firms need more guidance about what the FSA requires as scrutiny of their compliance standards increases.The network and support service provider says many of its advisers are getting a growing number of mystery shopping visits.Sesame says the regulator is also increasingly deploying different ways to increase its reach such as sending emails, […]

Boost for holiday homeowners as France triples IHT threshold

British citizens who own holiday homes in France are set to benefit from legislation that raises the inheritance tax threshold by 300 per cent.The French IHT threshold is increasing from euro 50,000 to euro 150,000 per parent for each child.Leggett Immobilier executive director Trevor Leggett says the change will bring big benefits for homeowners.He says: […]

1

‘Inform savers when high headline rates end’

Nationwide is calling for changes to the banking code to ensure that savers are informed when introductory deals come to an end. The building society says many introductory deals, often lasting between six and 12 months, offer rates up to 1 per cent higher than the ongoing rates when the deals expire. The banking code […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment