S&P expands custom index business to fixed income and commodities

"We think it's very timely given that we're seeing a lot of interest in non-equity asset classes. People are searching for a lower correlation to equities through exposure to both commodities and fixed income" says Tim Eisenhauer, head of custom-based indexes at S&P in Sydney.

The provider believes that the new area will be interesting to structured product and exchange-traded fund (ETF) providers. "We're seeing a lot of interest now for upcoming launches in September," says Eisenhauer, who adds

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