S&P joint venture with Dow Jones will command $380bn of index-linked ETFs

couple-merge-together

CME Group, owners of Dow Jones Indexes, and McGraw-Hill, owners of Standard & Poor's, have announced plans to bring the S&P 500 and Dow Jones Industrial Average (DJIA) together under a new venture, to be called S&P/Dow Jones Indices.

The S&P 500 and the DJIA are two of the most widely used indexes for the construction of structured products and exchange-traded funds (ETFs). The deal will bring the number of ETFs tied to the new company's indexes to 514, with combined assets under management of $

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: