News Releases
CEEMEA Sector Indices - Offering Direct Exposure to Specific Equity Sectors in the CEEMEA Region
Barclays Capital, the investment banking division of Barclays Bank PLC, today announces the launch of the Barclays Capital CEEMEA Sector Indices; an Index family designed to offer direct exposure to the specific equity sectors of the Central & Eastern Europe, Middle East, Africa (CEEMEA) regions, through liquid and tradable instruments.
The sectors covered for the CEEMEA Sectors Indices are Banks, Consumer, Energy, Material,
Telecom, defined according to the GICS classification. For each sector a rules based Index has been created, formed by the most liquid stocks in that sector which are publicly listed on the major exchanges of Greece, Hungary, Morocco, Egypt, Turkey, South Africa, Russia, Czech Republic, Israel, Poland and GDRs or ADRs listed on the London Stock Exchange International.
“There is a growing appetite among investors for access to the Emerging Markets,” said Jose Mazoy, Index, Portfolio & Risk Solutions team at Barclays Capital. “We are pleased to offer investors a transparent, rule based and tradable index solution".
Ayo Akinluyi, Head of EEMEA Equities at Barclays Capital added: “Investing in Emerging Market equities presents a number of hurdles for retail as well as institutional investors. This suite of indices is designed to provide a liquid and tradable means of investing in specific sectors in the CEEMEA region, allowing investors to implement their specific investment views through both delta-1 and volatility products. We believe these indices will provide a simple and efficient means for investors to gain access to the Emerging Market equities”
Barclays Capital will provide data, analytics and support for the indices via web-based and other e-commerce protocols. The indices are available on Bloomberg.
| Index Family | |
| Bank | Barclays Capital CEEMEA Bank Sector Index (Bloomberg: BXIICEMB) |
| Consumer | Barclays Capital CEEMEA Consumer Sector Index (Bloomberg: BXIICEMC) |
| Energy | Barclays Capital CEEMEA Energy Sector Index (Bloomberg: BXIICEME) |
| Material | Barclays Capital CEEMEA Material Sector Index (Bloomberg: BXIICEMM) |
| Telecom | Barclays Capital CEEMEA Telecom Sector Index (Bloomberg: BXIICEMT) |
-ENDS-
Contact:
Catherine Malloy
+44 (0)20 777 38939
catherine.malloy@barclayscapital.com
About Barclays Capital
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs 20,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
For further information about Barclays Capital, please visit our website www.barclayscapital.com.
Barclays Capital - the investment banking division of Barclays Bank PLC. Registered in England 1026167. Registered office 1 Churchill Place, London, E14 5HP. Authorised and regulated by the Financial Services Authority and a member of the London Stock Exchange.
