The mandate covers the development of climate-aligned equity benchmarks for government special funds and social security portfolios.
Stoxx Ltd (Stoxx) has signed a comprehensive service agreement with the German Federal Ministry of the Interior to design and calculate a new family of sustainable equity indices for key government special funds and social security portfolios. The agreement follows the index provider’s recent collaboration with BNP Paribas Asset Management The mandate covers €23 billion (US$26.3 billion) in assets and includes construction as well as ongoing calculation of a new index family speci