Monday, October 22, 2007

FTSE to calculate environmental index

From Structured Products:

Index provider FTSE and specialist environmental investment manager Impax Asset Management (Impax) have agreed a deal to further develop the Impax Environmental Technology (ET50) Index.

The index, which will be re-branded the FTSE ET50 Index, will be calculated and managed by FTSE and made available to be used as the basis for structured products and ETFs....MORE