This Burton-Taylor report presents an assessment of the impact of COVID-19 on the index industry. This report analyzes first quarter results for index providers, provides a listing of COVID-19 induced index rebalancing postponements and examines the impact the pandemic will have on 2020 industry revenues.

This analysis additionally includes a forecast of full-year revenue growth projections for the following revenue segments of index providers:

• Asset-Based Fee revenue from ETFs and mutual funds
• Subscription revenue
• Other revenue (including index licensing for derivatives, OTC products and structured products)

…and revenue growth projections for the following index segments:

• Traditional Equity Indices (market capitalization-weighted equity indices)
• Fixed Income Indices
• Factor Indices
• ESG Indices
• Other