Rising prices allow the major index providers to grow their revenues.
(Photo: Bloomberg)
Frankfurt Every investor knows them: stock barometers such as S&P 500, MSCI World or Dax. The financial service providers behind these indices are well paid for their calculations by banks and large investors. Last year, the companies led by the S&P Dow Jones Indices, MSCI and FTSE Russell made more than $5.3 billion – a record.
The total turnover of the index providers was calculated by the US consulting firm Burton-Taylor Consulting, the data is exclusively available to the Handelsblatt. Their income increased by around six percent in 2022 compared to the previous year.
Steven Semel from Burton-Taylor in New York predicts: “For the current year I expect an increase of five to ten percent, that would be good, but not spectacularly good.” this year lay. However, some market observers warn against too much euphoria.
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