FTSE Group, a global index provider, and Value Partners Index Services, a wholly-owned subsidiary of Value Partners Group, have launched two custom indices that will offer new investment opportunities for the Taiwanese and Korean markets - the FTSE Value-Stocks Taiwan Index and FTSE Value-Stocks Korea Index.
According to FTSE, the new indices are based on Value Partners’ unique value methodology and calculated and maintained using FTSE expert custom index solutions.
They capture the performance of quality, liquid value stocks selected from the investable universe of companies listed on the Taiwan and Korea’s exchanges.
The FTSE Value-Stocks Taiwan Index and FTSE Value-Stocks Korea Index will be calculated alongside the FTSE Value-Stocks China Index which was launched in July 2009. The FTSE Value-Stocks China Index is the basis of the Value China ETF which listed in December 2009.
Value Partners managing director of ETF business William Chow said that the constituents in new Indices have been chosen using the same methodology Value Partners use for the FTSE Value-Stocks China Index, one that uses a unique value screening process that incorporates valuation, quality, and contrarian criteria.