FTSE, Hang Seng offer Asia indices

The Asiatop Index is intended as a derivatives tool, not an institutional benchmark.

Global index provider FTSE has teamed up with HSI International, the sponsor of the Hang Seng Index, to provide a new suite of regional stock indices aimed at derivatives traders and retail fund managers.

The FTSEHang Seng Asiatop Index will include the region ex-Japan's top-30 capitalized companies to capture 60% of the universe's market cap, with each stock capped at 25% of the portfolio, says Graham Colbourne, chairman of FTSE Asia Pacific. One notable difference in Asiatop is...

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