STOXX is buying out the company owned by Confluence Technologies and set to become benchmark administrator for the full portfolio of ECPI indices upon completion.
Switzerland-headquartered STOXX has signed a definitive agreement to acquire ECPI S.R.L. (ECPI), a Milan-based environmental, social and governance (ESG)-focused index provider. ECPI began its operations in 1997 and provides sustainability indices, data and analytics to the institutional investor community. The company assists both asset owners and asset managers in developing sustainable investment solutions, ranging from investable indices to sustainability portfolio screening. ECPI, which