Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Trident launch

16449

FTSE launches two new leveraged indices

RELATED TOPICS​

FTSE Group has expanded its Daily Leveraged Index Series with the launch of the FTSE Developed Ex NA 1.25X Daily Leveraged No Spread Index and FTSE Emerging 1.25X Daily Leveraged No Spread Index.  

The two new indices are designed to replicate a multiple of the performance a client experiences when they track the underlying reference index, with a daily reset of the leverage, and are a subset of the widely adopted broad market FTSE indices: the FTSE Developed ex North America Index (AWDXNA) and the FTSE Emerging Index (AWALLE).
 
In conjunction with this announcement, a suite of new ETFs created by Direxion Investments have been introduced to market this week, including two using FTSE indices:

• LLDM, Direxion FTSE Developed Markets Bull 1.25X Shares
•  LLEM, Direxion FTSE Emerging Markets Bull 1.25X Shares
 
Jonathan Horton, Chief Marketing Officer, FTSE, says: “We are proud to work with ETF issuers like Direxion Investments so that they can build ETF product suites based on our established global indexing expertise. These two new FTSE-linked ETFs are capturing the world’s equity market using the FTSE Developed ex North America and Emerging indices for international exposure.” 
 
Brian Jacobs, President, Direxion Investments, adds: “Direxion Investments chose to work with FTSE on our new ETF product suite because they were able to provide us the premier broad based international indices.

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by