SGX licenses global Internet index to Nikko Asset Management

Singapore

THE Singapore Exchange (SGX) is licensing its iEdge-FactSet Global Internet Index to Nikko Asset Management (Nikko AM), which will adopt the index for exchange-traded fund (ETF) listing.

Nikko AM has US$224 billion under management and provides active fund management across a range of equity, fixed income, multi-asset and alternative strategies, while its passive strategies cover more than 20 indices.