Thomson Reuters today launched 7500 new equity sector-level indices covering a broad range of regions and sectors unique to Thomson Reuters.
These include full lines of Emerging Market and Asia Pacific sector indices in addition to the first line of Iberian sector and NAFTA sector indices, as well as indices for new and relevant sectors such as Water, Renewables, and Diversified Media. The sector indices are the most recent addition to Thomson Reuters indices which include the award-wining Thomson Reuters Realized Volatility Index - a first-of-its-kind index that provides a new way to forecast volatility.
The sector indices go beyond the global, country and regional indices previously available by allowing clients to monitor market movements more deeply by sector. Covering 44 countries and 18 regions, Thomson Reuters indices enable clients to monitor global markets, benchmark specific countries, regions, and sectors, and develop investment vehicles globally.
Sunand Menon, Global Managing Director of Indices at Thomson Reuters, said: "Investment managers, quantitative analysts and other financial professionals are continually looking for new ways to evaluate market movements at a deeper level by analyzing the most relevant sectors, particularly in the more difficult to reach emerging markets. The combination of our unbiased classification system, liquidity filter and efficiency of our workflow is unique to the market. With over 8,000 indices now available, Thomson Reuters is providing clients with the depth and breadth of geographical and sector coverage necessary to succeed."
Each Thomson Reuters index is created using a proprietary liquidity filter that selects stocks based on price, as opposed to volume. By only including stocks that investors can access, the indices provide a more accurate depiction of the investing opportunities available, particularly in emerging markets, where many securities are not accessible to all investors.
The indices utilise the proprietary Thomson Reuters Business Classification (TRBC) system which provides globally consistent sector standards. TRBC is the industry's broadest classification system covering 71,000 public and 230,000 private companies worldwide.
All Thomson Reuters Indices are accessible via desktops as well as data feeds, in products such as Reuters 3000 Xtra, Thomson Reuters Datastream, StarMine and Thomson Reuters Portfolio Analytics.
Thomson Reuters Indices leverages the Company's 40 plus years of experience calculating and distributing some of the best known indices and benchmarks in today's global marketplace.