Index in-crowd

fitch ratings

june04-fitch-gif

Fitch Ratings is lobbying the major index providers, including Lehman Brothers and Merrill Lynch, in an effort to convince them to factor Fitch’s ratings into the methodology of their indices.

Both Fitch and Lehman declined to comment on the move. But market participants say inclusion in the Lehman Aggregate Index could finally allow Fitch to compete with Moody’s and S&P on an equal footing. “More people will take notice if Fitch ratings are included in the Lehman Aggregate,” says one euro-denomi

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