Thomson Reuters today launched a global range of indices to help monitor global markets, benchmark specific countries, regions, and sectors, and develop investment vehicles.
The launch of Thomson Reuters Indices capitalises on nearly 30 years of experience calculating and distributing some of the best known indices and benchmarks in today's global marketplace. It also marks the first time the company has provided indices under the Thomson Reuters brand.
Thomson Reuters Indices cover 44 countries and 18 regions, and have an overlay of global, regional and country indices by economic sector. The 800 indices in total have been created using a proprietary liquidity filter that links liquidity and 'investability', and selects constituent equities based on price not volume, as traditional filters do.
The indices utilise Thomson Reuters Business Classification system, the industry's broadest classification system covering 71,000 public and 230,000 private companies worldwide. The sector indices provide investors and analysts new and deeper views of markets. They range from broad market segments, such as the Thomson Reuters Global Energy Index, to very specific, such as the Thomson Reuters Emerging Markets Asia Telecommunications Index.
All Thomson Reuters Indices are accessible via desktops as well as data feeds, in products such as Thomson Reuters Portfolio Analytics, Reuters 3000 Xtra, and Thomson Reuters Datastream.
Sunand Menon, Global Managing Director of Indices, at Thomson Reuters, said: "In this market more than ever, investment managers, quantitative analysts and other financial professionals need reliable, accurate and cost effective indices. Thomson Reuters launched its indices business in response to client needs. We believe the marketplace will benefit from our depth and breadth of coverage, our rigorous methodology and classification system, and our independence and brand."