S&P Unveils Global Luxury Index In Asia

S&P Indices has rolled out a global luxury index in Asia, The Asset reports. The S&P Global Luxury Index comprises 80 of the world’s biggest publicly traded and investable companies involved in the production or distribution of luxury goods, or the provision of luxury services.

Chinese asset manager E Fund Management is licensing the index. Each prospective component of the S&P Global Luxury Index is prequalified by membership of the S&P Global BMI Index.

Click here for the story from The Asset.