SGX Launches Pan-Asian REITs Index and Installs New Chairman

[kreslik.news]

Singapore Exchange (SGX) has launched the SGX APAC (ex Japan) Dividend Leaders REIT Index, comprising 30 real estate investment trusts (REITs) across the Asia Pacific ex Japan region.

It will be the first SGX index to be used as a benchmark index for a new exchange-traded fund (ETF) and will be issued by Phillip Capital Management, the asset management arm of Phillip Capital.

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REITs Index

The index is the first of its kind, composed entirely of REITs in the Asia Pacific region that are dividend ... (read more)