MV Index Solutions (MVIS) has launched the BlueStar Hydrogen and NextGen Fuel Cell Index and the BlueStar Big Data & Analytics Index.
The BlueStar Hydrogen and NextGen Fuel Cell Index is a global index that tracks the performance of the global hydrogen and fuel cell segment. Due to the lack of pure-play companies in the global hydrogen and fuel cell segments, this includes pure-play and non-pure-play companies. Pure-play companies are those with at least 50% of their revenues from hydrogen and/or fuel cell. Non-pure-play companies are those that are engaged in hydrogen or fuel cell projects, including the production of industrial gases with the potential to generate 50% of revenue or play a significant role in the global hydrogen or fuel cell segment. Vehicle manufacturers are not eligible for inclusion in the index.
“Hydrogen-based energy solutions has enormous potential to support the electrification of a wide range of industries. Our index is unique in that it is the only hydrogen-related index that seeks to include only pure-play companies giving investors pure and rules-based exposure to this emerging theme.”Josh Kaplan, global head of Research at MV Index Solutions.
The BlueStar Big Data & Analytics Index is an index of globally-listed stocks of companies that, according to MVIS, are “Big Data” companies. To be considered a Big Data company, the company must derive 50% of revenue or operating activity from solutions focused on: database management, data platforms, dev-ops, big data analytics, or API management.
“The BlueStar Big Data & Analytics Index is the latest additional to our broad yet growing suite of thematic technology indices. While big data as a technology paradigm is widely discussed by investors, we saw an opportunity to create the first index targeting pure-play big data and analytics companies and we are proud to announce its launch today.”