Ágora Investimentos, the Bradesco Group’s investment house, has selected S&P Dow Jones Indices (S&P DJI) as the custom calculation agent for four new proprietary indices that represent different segments of the Brazilian equity market. Ágora Investimentos selects the stocks represented in each of the indices and utilizes S&P DJI’s calculation capabilities.
“S&P Dow Jones Indices is pleased to serve as the calculation agent for Ágora Investimentos’ new series of custom indices. We are seeing more demand for our custom capabilities in rapidly growing markets such as Brazil and generally in Latin America as investors seek transparent ways to measure market performance. This latest collaboration underscores our ongoing commitment in the region,” said Michael Mell, Senior Director of Custom Indices at S&P DJI.
“Through a specialist trustee, we have been able to structure four new funds linked to our Recommended Equity Portfolios for our clients, applying the same strategies drawn up by our renowned specialists,” said Leandro Miranda, Bradesco’s Executive Director & IRO.
The four Ágora Investimentos indices are:
- Agora SML 5(Index Ticker: AGOSML 5);
- Agora Top 10(Index Ticker: AGORA10);
- Agora Dividendos 5(Index Ticker: AGODIV5);
- Agora ARROJADA 5(Index Ticker: AGOARR5)
S&P Dow Jones Custom Indices provides independently calculated solutions to help clients meet specific investment criteria. Clients can select custom indices that are a slice of one of S&P DJI’s existing indices or white label indices across all asset classes. S&P DJI draws upon its significant industry knowledge and experience in constructing, maintaining and disseminating custom indices for investors, exchanges and exchange-traded fund (ETF) providers. To learn more about our custom index solutions, please visit https://us.spindices.com/custom-indices/.