Talking to the chairman of the Stoxx supervisory board
With the bull market still raging, the American craze for indexation/tracker funds has really taken hold in Europe. The impending introduction of the euro, bringing with it a shift from a country-by-country to a more sectoral approach, has lent a particular pan-European flavor to the index revolution.
In 1997, the Amsterdam Exchanges and FTSE International launched the Eurotop indices to replace the former Eurotrack benchmarks. Then, in January this year, the Euro.NM network unveiled an official
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