FTSE Group has launched a group of Asian indexes on the back of investor demand for more targeted benchmarks in the region.
The FTSE Asian Sectors Index Series was developed with investment banks in the region and includes 18 indices.
Each sector index covers large and mid-cap stocks from China, Hong Kong, India, Indonesia, Malaysia, The Philippines, Singapore, South Korea, Taiwan and Thailand.
The indices focus on sectors including banking, resources, construction, property and retail.
"Until now, Australian investors have had the appetite but not the tools to invest in Asian equities at such a granular sector level and in a transparent and cost-efficient way," FTSE head of business development Julie Andrews said.
The index series will also support the growth of the region's exchange-traded fund (ETF) industry, Andrews said.
"The sector series is suitable for ETFs, structured products and other index-linked products. We believe FTSE's series will aid the development of a diversified ETF market in Australia. "
