Our Indices
Elston is a specialist UK-based index provider
We are a UK-based independent Benchmark Administrator and have been managing indices since 2014. We can work with asset managers, investment consultants or research providers to design and build Custom Indices.
We specialise in Multi-Asset Indices and offer both Asset-Weighted and Risk-Weighted Indices. All our indices are designed for GBP-based investors.
The index values are freely available on Bloomberg and other leading data vendors. Weightings schemes are only available to Licensees.
We offer two types of Index:
Benchmark Index: an index used to measure the performance of an investment fund for the purpose of: 1) tracking the return, 2) defining the asset allocation or a portfolio, or 3) computing the performance fees. Benchmark administration is a regulated activity.
Portfolio Index: an index representing a research portfolio or hypothetical investment strategy not used to measure the performance of an investment fund or financial instrument.
We offer two types of Licence:
Data Licence: for use in internal and external research and for performance evaluation purposes.
Product Licence: for use by collective investment schemes such as OEICs & ETPs
To obtain a licence to use our indices, please Contact Us
We specialise in Multi-Asset Indices and offer both Asset-Weighted and Risk-Weighted Indices. All our indices are designed for GBP-based investors.
The index values are freely available on Bloomberg and other leading data vendors. Weightings schemes are only available to Licensees.
We offer two types of Index:
Benchmark Index: an index used to measure the performance of an investment fund for the purpose of: 1) tracking the return, 2) defining the asset allocation or a portfolio, or 3) computing the performance fees. Benchmark administration is a regulated activity.
Portfolio Index: an index representing a research portfolio or hypothetical investment strategy not used to measure the performance of an investment fund or financial instrument.
We offer two types of Licence:
Data Licence: for use in internal and external research and for performance evaluation purposes.
Product Licence: for use by collective investment schemes such as OEICs & ETPs
To obtain a licence to use our indices, please Contact Us
Asset-Weighted IndicesElston 60/40 GBP Index [6040GBP Index] The Elston 60/40 GBP Index has been designed for GBP-based investors and consists of a 60% allocation to Global and UK Equities, and a 40% allocation to predominantly GBP-denominated Government and Corporate Bonds. It is a traditional comparator for multi-asset strategies. Format: Non-significant Benchmark Index Data Contributors: Elston Methodology Owner: Elston Benchmark Index Administrator: Elston Indices Elston Liquid Real Assets Index [ELSLRA Index] The Index uses a strategic weighting scheme to allocate across a diverse range of liquid instruments representing real asset classes, such as listed property securities, listed infrastructure securities, asset-backed securities, natural resources, gold, commodity baskets, as well as other instruments that are directly or indirectly inflation-linked. Format: Non-significant Benchmark Index Data Contributors: Elston Methodology Owner: Elston Benchmark Index Administrator: Elston Indices |
|
Risk-Weighted IndicesElston Minimum Variance Index [ESBGMV Index] We launched and manage the Elston Minimum Variance Index a risk-weighted multi-asset index whose asset allocation varies such that the variance of the overall strategy is minimised, whilst maintain exposure to risk assets. The function of the index is primarily to provide an investable strategy. Format: Non-significant Benchmark Index Data Contributors: Elston, ETS Methodology Owner: Elston Benchmark Index Administrator: Elston Indices Elston Dynamic Risk Parity Index [ESBDRP Index] We launched and manage the Elston Dynamic Risk Parity Index a risk-weighted multi-asset index whose asset allocation varies such that each asset class exposure contributes equal risk to the overall strategy. The strategy also limits the overall level of volatility, by deallocating to ultra-short duration bonds if markets are too volatile. Watch the video Format: Non-significant Benchmark Index Data Contributors: Elston, Milliman Methodology Owner: Elston Benchmark Index Administrator: Elston Indices Elston Max Deconcentration Index [.ESBMDC Index] The portfolio strategy provides an Equal Weight approach to each major asset class with a maximum 5% weight to each regional equity market, alternative asset, and bond by issuer type and currency. The portfolio provides an alternative approach to multi-asset diversification with differentiated risk-return characteristics Format: Portfolio Index Data Contributors: Elston Methodology Owner: Elston Portfolio Index Administrator: Elston Indices |
|
Income-focused Indices
|
Elston Multi-Asset Income Index [ESBMAI Index]
The Elston Multi-Asset Income Index is designed to provide a reference index for income-oriented strategies within a balanced mandate for GBP-based investors. It is avialable both as a Price Index [ESBMAIP Index] and a Total Return Index [ESBMAI Index]. Format: Non-significant Benchmark Index Data Contributors: Elston Methodology Owner: Elston Benchmark Index Administrator: Elston Freedom Smart-Beta UK Dividend Index [ELSUKI Index]
The index uses consensus forecast gross cash dividends for each constituent company, in relation to the total for the index, to determine the size of each holding. The index is therefore dividend weighted and rebalanced monthly to reflect changing consensus estimates. The index is a Net Total Return index. [ELSUKI Index]. Format: Non-significant Benchmark Index Data Contributors: Smart-Beta Investments Limited Methodology Owner: Elston Benchmark Index Administrator: Elston |
|
Index ManagementThe following notice applies to all our Benchmark Indices (excluding any Index Portfolios)
Elston Indices is a trading style of Elston Consulting Limited Elston Consulting Limited is a ESMA registered benchmark administrator authorised and regulated by the Financial Conduct Authority (FRN: 795745) LEI: 213800EP4DPKADTTMG59 Roles and responsibilities We are the Index Manager and are responsible for the Index Administration functions for any index that we manage. Where appropriate, we may work with selected partners for Index Publisher functions. Index Governance Our Index Governance procedures are available to our index clients and outliner our compliance with ESMA / EBA Principles for Benchmark-Setting Processes in the EU, 6 Jan 2013/2013/659 . Announcements Changes to index composition either during the ordinary adjustment or due to extraordinary adjustments or error corrections, will be published under Announcements. Correction Policy A correction policy sets out how any errors in calculations for any reason are communicated and corrected. |
|