January 3rd, 2007
CHICAGO (January 3, 2007) - IPOX Schuster LLC, the leading global IPO index provider, announced today that it has licensed the IPOX-30 U.S., the IPOX-30 Europe and the IPOX-30 Asia-Pacific indexes to Banco Santander Totta (BST), part of Banco Santander, one of the worlds largest banking groups.Under the terms of the agreement:
- BST uses the IPOX-30 U.S., IPOX-30 Asia-Pacific and IPOX-30 Europe Indexes as an underlying for an innovative EUR 100m institutional bond offering.
- The price of the bonds is tied to the relative performance of the IPOX Indexes
versus global benchmarks.
We are pleased that another major Financial Institution is endorsing IPOX says Josef Schuster, Chief Executive Officer of IPOX Schuster LLC. Historical returns have been favorable, making IPOX-linked investments attractive to those seeking to capture potential asset allocation of this important equity sector.
The IPOX-30 U.S., IPOX-30 Europe and IPOX-30 Asia-Pacific indexes have notable performance and depth:
Since January 2002, the indexes gained 125.76%, 93.47% and 128.18% respectively, substantially surpassing the respective benchmarks.
Together, the indexes capture $1.06trillion in total market capitalization and $350bn of free float, representing around 40% of total market cap created through global IPOs and spin-offs activity during the past four years.
The indexes are derived from the IPOX Global Composite Index, a rules-based
index currently containing 1696 constituents, which captures the worldwide IPO
About IPOX Schuster LLC
IPOX Schuster LLC (www.ipoxschuster.com) is an innovative, research-driven financial services firm specializing in financial products design related to global IPOs. Our underlying philosophy involves classifying IPOs as a separate equity sector for a substantial period of time in aftermarket trading. Our main product is the series of IPOX® IPO Indexes, a set of 17 indexes encompassing an index technology which allows for scaleable, investable and sustainable exposure into global IPO performance.
IPOX Schuster LLC
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