TOKYO -- Japanese asset management firms are using the new Nikkei Asia300 Investable Index to develop financial products, making fast-growing Asian companies more accessible to retail investors.
While the Nikkei Asia300 Index is meant to provide an overall picture of stock prices for leading Asian enterprises, the Nikkei Asia300 Investable is designed specifically for use with financial products. The index, launched Dec. 11, tracks major companies from 10 Asian countries and regions -- including China, South Korea and India -- selected based on such factors as market capitalization and liquidity.
