Renowned sustainability expert Sarasin to provide research ..
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STOXX Limited announced that Bank Sarasin & Co. Ltd. will take over the research and analysis for the STOXX Sustainability Indices as of March 2011. This includes the profound screening and ranking of index components based on sustainability criteria.
“Bank Sarasin is the market-leader when it comes to sustainability research. We are very pleased to announce them as STOXX’s new sustainability research partner, and to be able to implement the high-quality data they are renowned for in the calculation of the STOXX Sustainability Indices,” said Hartmut Graf, chief executive officer, STOXX Limited.
“We feel deeply honored that STOXX selected our research as the basis for their highly recognized sustainability indices,” said Andreas Knörzer, head asset management, Bank Sarasin & Co. Ltd. “Being one of the pioneers in the field of sustainable investing we are very much looking forward to assist STOXX in further developing their products in the future.”
Bank Sarasin has been a well-known research provider and asset manager in the field of sustainable investments since 1989. Headquartered in Switzerland, the company employs a team of 50 experts who analyze, rate and invest according to sustainability parameters.
Due to the switch in research partners, the underlying methodology will be adjusted accordingly and the composition of the STOXX Sustainability Indices reviewed. These changes will take place as part of the next index rebalancing and will be announced in due course.
Source: ETFWorld – STOXX Limited
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