iStoxx seeks to catch interest in global indexes

The banking division of Natixis is to create a series of structured products and funds based on Stoxx's index basket, which combines European, US and Japanese equity baskets

euro inflation
Stoxx makes its Eurostoxx 50 index global by combining European, American and Japanese equity baskets

Stoxx's index basket, which combines three major world market blue chip indexes, the Euro Stoxx 50, Stoxx USA 50 and Stoxx Japan, will serve as the basis for a series of Natixis structured products and funds.

“The demand has always been there for a global basket product,” says Konrad Sippel, executive director and head of sell side at Stoxx in Zurich. “There’s a certain demand for creating cross regional, broader indexes, combining various countries using the most liquid stocks.”

The index is

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