- Advertisement -
- Advertisement -

LGBTQ Index Now Tradable

- Advertisement -

Stockholm (HedgeNordic) – Direct indexing firm C8 Technologies has partnered with LGBTQ Loyalty to make the LGBTQ100 ESG Index tradeable for investors around the world. The direct indexing solutions provided by C8 Technologies enable asset managers to track the performance of an index by trading the underlying equities in the index with their own brokers.

“We are delighted the groundbreaking LGBTQ100 ESG Index will be joining the C8 platform as the first of several diversity and equality-driven indices from LGBTQ Loyalty,” says Mattias Eriksson, the CEO of C8. As Eriksson explains, “the C8 platform enables an asset owner or manager to easily trade the underlying assets of an index and, by so doing, keep full control of their capital. The platform also gives full transparency of investments, which aligns well with ESG values.” He goes on to say that “with its socially responsible aims, the LGBTQ100 ESG Index is an ideal host for our platform and we are very excited about this collaboration.”

The LGBTQ100 ESG Index tracks the performance of the top 100 LGBTQ equality-driven U.S. companies from a universe of 500 publicly traded large-cap companies. The index reflects unique insights and viewpoints from the LGBT community, garnered from in-depth Harris Poll surveys. LGBTQ Loyalty is a financial methodology and data company that quantifies corporate equality alignment with the LGBTQ community and minority interest groups.

“We are now in a position to provide supporters of LGBTQ inclusion and equality with the power to influence the allocation of capital,” Larry Roan, Director of LGBTQ Loyalty, comments on the collaboration between C8 Technologies and LGBTQ Loyalty. According to Roan, the LGBTQ100 ESG Index has outperformed the S&P 500 Index by over three percent since being listed on the New York Stock Exchange in October of 2019. “When back-tested over the last five years, the Index beats the S&P by 35%,” says Roan.

Nicole Douillet, Senior Advisor for LGBTQ Loyalty, adds that “we are pleased to announce the roll-out strategy for direct investing in the LGBTQ100 ESG Index begins today. This was achieved in close collaboration with C8 Technologies, who are leading providers of direct Indexing to financial institutions globally.” According to Martina Navratilova, Board Member of LGBTQ Loyalty, “diversity is a business necessity, from now on investors are empowered to learn about diversity via the LGBTQ100 ESG Index.”

close

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest

Most Popular This Week

Request for Proposal

- Advertisement -

Latest Articles

The Spectacular Unspectacular 20th Anniversary

Stockholm (HedgeNordic) – Reaching the 20th anniversary in the often short-lived and fast-paced hedge fund world is quite an achievement. In fact, some activity...

Head of Research Havnen Leaves CARN

Stockholm (HedgeNordic) – Harald Havnen is leaving CARN Capital and his role as Head of Research to join Norway’s largest pension fund advisor Gabler...

Strand to Launch the “Essential”

Stockholm (HedgeNordic) – Former hedge fund manager Eric Strand is launching the fourth fund under his own fund boutique AuAg Fonder after receiving approval...

Back to the Old Home

Stockholm (HedgeNordic) – Carnegie’s previously announced acquisition of Carnegie Fonder has been completed. The acquisition completed under the umbrella of the newly formed Carnegie...

Round Table: ETFs & Asset Management

Stockholm (HedgeNordic) – At a round table discussion that took place in Stockholm on October 17, asset managers and ETF providers discussed and answered...

Nordic Managers Win EuroHedge Nominations

Stockholm (HedgeNordic) – With Intelligence has released the first round of nominations for the EuroHedge Awards 2022, with the list featuring seven Nordic hedge...