Nasdaq Launches passiveIQ™ for Investor Relations Professionals
January 16 2018 - 9:02AM
Nasdaq Corporate Solutions, a business of Nasdaq, Inc.
(Nasdaq:NDAQ), today announced the launch of
passiveIQ™, a new analytics tool designed to
provide investor relations (IR) professionals with comprehensive
and actionable insights into passive index investment data from
mutual funds and ETFs. passiveIQ is available as a supplementary
service to Nasdaq IR Insight®.
Index ownership has created a shift in today’s capital markets:
the value of passive fund assets increased year over year by 30
percent to $6.6 trillion as of the end of December 2017*. passiveIQ
is the first IR-specific solution built to benchmark passive
ownership in a company’s shares relative to its peers and is
designed to appeal to all public companies, regardless of market
capitalization or geographic location. passiveIQ’s other features
are designed to help IR professionals understand the latest trends
in index ownership and gain insight into the index funds and ETFs
they are, and are not, receiving capital from.
“The IR marketplace today provides a number of ways to discover
details on the active investment community, but companies are
virtually left in the dark about a growing part of their
shareholder reality,” said Stacie Swanstrom, Executive Vice
President and Head of Nasdaq Corporate Solutions. “With
one-third of all mutual fund and ETF assets under management now in
passive index funds, the need for an analytics-based solution with
actionable insights on passive index trends has never been greater.
The comprehensive insights available through Nasdaq’s passiveIQ
will help the IR community adapt to an evolving capital markets
landscape.”
passiveIQ also offers a comprehensive source of data, backed by
the experienced analysts from Nasdaq Advisory Services’ index team,
to help companies identify indices for potential inclusion.
Example trends and insights from passiveIQ include:
- For each company in the NASDAQ-100 Index®, the average number
of passive indices is 108 indices;
- The average passive index dollar ownership for a company listed
in the Russell 3000 Index is $1.53 billion;
and
- For each company in the MSCI ACWI ex USA Index, the average
number of passive indices is 65 indices.
Nasdaq Corporate Solutions plans to further develop passiveIQ
with additional features, including rationales for index inclusion
or exclusion, alerting functionality around index rebalances and
reconstitutions, and near real-time passive index ownership
changes.
To learn more about Nasdaq’s Investor Relations Solutions and
subscribe to passiveIQ, please visit:
http://business.nasdaq.com/passiveIQ.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading global provider of
trading, clearing, exchange technology, listing, information and
public company services. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute
their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 90 marketplaces in 50
countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to approximately 3,900 total
listings with a market value of approximately $12 trillion. To
learn more, visit: http://business.nasdaq.com.
This communication and the content found by following any link
herein are being provided to you by Nasdaq Corporate Solutions, a
business of Nasdaq, Inc. (“Nasdaq”), for informational purposes
only. Nasdaq makes no representation or warranty with respect to
this communication or such content and expressly disclaims any
implied warranty under law. Nasdaq, the Nasdaq logo, Nasdaq
Corporate Solutions, Nasdaq IR Insight and passiveIQ are registered
and unregistered trademarks, or service marks, of Nasdaq, Inc. or
its subsidiaries in the U.S. and other countries. © Nasdaq, Inc.
2018. All rights reserved.
*: Data from Nasdaq Corporate Solutions and Thomson Reuters
Lipper
Nasdaq Media Contact:
Will Briganti(212) 231-5012william.briganti@nasdaq.com
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