NEW YORK, Feb. 25, 2019 /PRNewswire-PRWeb/ -- S-Network Global Indexes today announced that it has been appointed as calculation agent for the Impax Global Women's Leadership Index by Impax Asset Management LLC.
The Impax Global Women's Leadership Index is a customized index of the highest-rated companies in the world for advancing women, as rated by Impax Gender Analytics, that also meet key environmental, social and governance (ESG) standards.
S-Network will perform routine daily index calculations and index maintenance (e.g., quarterly rebalancing and corporate actions) for this index.
"We are honored to have been selected by Impax Asset Management, a leader in sustainable investing," said Joseph LaCorte, CEO of S-Network.
"We're pleased to begin working with S-Network," said Joe Keefe, President of Impax Asset Management. "Their services will help our gender analytics team keep a sharp eye on this novel index."
About Impax Asset Management LLC
Impax Asset Management LLC, formerly Pax World Management LLC, is a pioneer in the field of sustainable investing. Impax offers a diverse lineup of strategies focused on the risks and opportunities arising from the transition to a more sustainable global economy. Each strategy integrates environmental, social and governance (ESG) research into the investment process to better manage risk and deliver competitive long-term investment performance. Since 1971, Impax has made it possible for investors to pursue financial returns while having a positive social and environmental impact.
About S-Network Global Indexes
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes, which serve as the underlying portfolios for financial products with over USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency.
SOURCE S-Network
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