Time and technology have shifted investors away from what was once a rigid elite circle of indices mostly provided by reigning players such as S&P, Russell and MSCI.
While traditional market cap indices still hold firm in the current climate, the emergence of more unique and niche indices that cater to select investor preference trends such as ESG and decrement, speaks to a notable transition in terms of evolution. Founder and chief executive officer of index provider MerQube, Vinit Srivastava (pictured), notes that the historical structures that involved dominant players such as MSCI function similarly to a calculator. They were slowly moving towards