The JSE and FTSE Russell have announced their partnership in launching the FTSE/JSE Multi-Asset Composite Index, offering investors exposure to local and global equities, fixed income, and property.
The Johannesburg Stock Exchange (JSE) announced on Thursday, 12 August 2021, that it would be joining forces with FTSE Russell to launch a new multi-asset index solution for the South African market. This is a move towards leveraging the long-standing relationship between the two organisations and the rich base of the existing index offering.
The launch of the FTSE/JSE Multi-Asset Composite Index is expected to offer investors a broad and integrated coverage of South African equities, fixed-income securities, listed property, and options that include global equities and fixed-income markets. The index offering will be delivered in four variants: Local equity plus Local fixed income, Local equity plus Local fixed income plus Global equity, Local equity plus Local fixed income plus Global equity plus Global fixed income, and Local equity plus Local Fixed income plus Global equity, plus Local property.
The JSE further confirmed that it has a long-standing partnership with FTSE Russell, and in 2020, launched the FTSE/JSE Fixed Income Indices, which offered investors enhanced exposure to the South African government-issued debt. Director of Information Services for the JSE, Mark Randall also stated that the index could be used to inform investment research or as a performance benchmark for active funds.
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The JSE and @FTSERussell join forces to launch multi-asset index for South African market.
Read more: https://t.co/v3MJwCiDA4 pic.twitter.com/eIPJanfR7S— JSE (@JSE_Group) August 12, 2021
