Global index provider FTSE Group (FTSE) and China's largest financial research firm Shenyin Wanguo Research & Consulting Co. Ltd (SYWG) today signed a co-operation agreement which allows SYWG to use FTSE's data as the basis for publishing bespoke investment research.
The research will assist Chinese Qualified Domestic Institutional Investors (QDIIs) to analyse global investment opportunities and assist in product development for domestic investors.
The data provided by FTSE to SYWG will give coverage on key global equities markets including US, UK and Japan and will be used by SYWG's dedicated Overseas Research Department to publish monthly research reports and research. The research will focus on the needs of QDII institutions and begin with global market forecasts combining FTSE's equity index data with SYWG's forecast analysis capabilities.
Following the signing ceremony, Mr Donald Keith, Deputy Chief Executive of FTSE Group, said "The cooperation between FTSE and SYWG is an important development in FTSE's commitment to the China market and we look forward to working with SYWG to provide robust and representative base data which supports their efforts to provide research which facilitates investment decisions among institutional investors."
Mr. Chen Xiaosheng, Director and General Manager of SYWG, added "This co-operation with FTSE Group will undoubtedly accelerate SYWG's position in improving a quality global service."