SGX launches index business to tap 'passive shift'

The Singapore Exchange (SGX) announced the launch of a new indexing business yesterday as it looks to tap demand for index-linked investment in the region, its head of business development, Simon Karaban, told AsianInvestor. The product – SGX Index Edge – is targeted at Asian product issuers and investors looking for customised index solutions. With high barriers to entry for those without the infrastructure, SGX is confident it has the support services that will appeal to a wide …