Dow Jones Indexes has launched the Dow Jones Islamic Market Malaysia Titans 25 Index. The index measures the performance of the top 25 stocks in the Dow Jones Islamic Market Malaysia Index, which comprises Malaysia-domiciled companies that pass screen for Shari’a compliance. The company says that the Islamic Market Malaysia Titans 25 Index is designed to underlie financial products such as exchange-traded funds, structured products and derivatives. The new index is weighted by free float-adjusted market capitalisation and component weights are capped at 20%. It is calculated in US dollar and Malaysian ringgit and reviewed quarterly in March, June, September and December.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.