Products March 24, 2003
SIG Releases New Money Managers Index
March 24, 2003 (PLANSPONSOR.com) - Susquehanna
International Group, LLP has launched a new index to give
institutional and retail investors another avenue to isolate
and hedge the performance of managers of public and private
assets.
Reported by Eric Hazard
The SIG Index is a modified cap-weighted index that seeks to reflect the performance of 19 publicly traded investment management companies, including companies organized under the Investment Act of 1940, trust banks, and broker-dealers with extensive asset management components, according to a news release.
SIG’s Investment Managers Index will trade on the Philadelphia Stock Exchange.