LONDON, 27 October 2023 – Wilshire Indexes, a leading global benchmark platform, and Hang Seng Indexes Company (‘HSIL’), today announced that they will collaborate to provide Greater China-based investment community with enriched product offerings to capture emerging opportunities across global markets.
Navigating a dynamic economy fueled by expanding capital markets and innovations in technology, Greater China-based institutional investors increasingly gravitate towards more diversified index solutions that enable them to gain exposure to emerging global investment opportunities, requiring a greater need for index and portfolio customization with technology-enabled services.
Following their product collaboration on the Hang Seng Climate Change 1.5°C Target Index in 2022, the partnership with Wilshire Indexes will enhance HSIL’s capabilities in the following ways:
Product extension to provide comprehensive offerings: Based on HSIL’s deep knowledge of the investment appetite of institutional investors in mainland China and Hong Kong, HSIL will work with Wilshire Indexes to expand the scope of available products to cover regional as well as global markets and create enriched product offerings to allow Greater China-based investors to seize emerging opportunities worldwide.
Enhanced data & analytics capability: The collaboration will leverage Wilshire Indexes’ robust data capability across markets and asset classes and its advanced technological know-how to develop IT and customization solutions enabling HSIL to broaden its data coverage and strengthen its data and technology capability and facilitate comprehensive digital solutions in other regions. The adoption of Wilshire Indexes’ advanced data & analytics tool will also enable asset managers and institutional investors to quickly analyze their portfolio performance and investment opportunities across global markets.
Mark Makepeace, Chief Executive Officer at Wilshire Indexes, said: “Investors are increasingly facing disruptive challenges due to the changing dynamics of global markets and investing. However, with the right combination of modern portfolio solutions, global index expertise, and deep local investment insights they can begin to identify new opportunities and drive differentiation. We are excited to partner with Hang Seng Indexes Company to help asset managers and institutional investors across the region access and deploy a range of custom index capabilities to better analyze and capture emerging investment opportunities.”
Anita Mo, Chief Executive Officer at Hang Seng Indexes Company, said: “As a company deeply rooted in Hong Kong, Hang Seng Indexes Company has been dedicated to serving sophisticated investment needs and risk appetite of institutional investors in Greater China region. We are delighted to team up with Wilshire Indexes to advance our capabilities and provide investors with comprehensive index solutions. This collaboration also reflects our commitment to becoming the trusted index partner with a wide array of index solutions for overseas investors to harness investment opportunity in China.”
About Wilshire Indexes
Wilshire Indexes is a global benchmark platform that provides institutional investors, asset managers and retail intermediaries unmatched flexibility in solving benchmarking, portfolio construction, and risk management challenges. Transforming the way investors use benchmarks to meet their objectives, Wilshire Indexes provides global coverage of the markets through the leading FT Wilshire Index Series. Combining new technology and modular products in a growth-aligned commercial model designed for collaboration, efficiency, and speed to market, Wilshire Indexes offers a completely new way to work with an index provider. For more information: www.Wilshireindexes.com
About Hang Seng Indexes Company Limited
Hang Seng Indexes Company Limited (‘Hang Seng Indexes Company’) manages and compiles the Hang Seng Family of Indexes, which cover stocks listed in Hong Kong and Mainland China. Our index series includes the Hang Seng Index, the Hang Seng China Enterprises Index and the Hang Seng TECH Index, as well as Stock Connect, Greater Bay Area and sector-related indexes. As at the end of 2022, assets under management in products passively tracking indexes in the Hang Seng Family of Indexes had reached a total of about USD57.6billion. Hang Seng Indexes Company is a wholly owned subsidiary of Hang Seng Bank. For further information on the Hang Seng Family of Indexes, please visit www.hsi.com.hk
