Edhec’s index move allows investors to sidestep the fund management industry’s asset-based fees.

Investors should pay index firms only for value added, not for basic index information, says founder of new smart beta platform.

More new providers enter the indexing market, but some index firm clients complain licensing costs are going up, not down.

The Madrid-based International Organisation of Securities Commissions (IOSCO), an association of the world’s securities market regulators, has issued a new consultation report setting out high-level principles to be followed by the administrators of financial benchmarks.

Administrators of financial benchmarks are defined by IOSCO as organisations responsible for calculating, determining and applying the methodology of, or disseminating benchmarks.

Whole industries can die out or flourish as a result of apparently insignificant shifts in government policy.

Research Affiliates, creator of the ‘fundamental index’ series of equity benchmarks, clarifies Arnott’s earlier statements on its backtests.