The McGraw-Hill Companies and CME Group have announced the launch of S&P Dow Jones Indices. The joint venture, which brings together S&P Indices and Dow Jones Indexes, now calculates more than 830,000 indexes and estimates that over $6 trillion is directly indexed to them, based on figures from end of 2011. McGraw-Hill owns 73% of the new company, CME Group owns 24.4% and Dow Jones 2.6%. (See News, page 6).
S&P Indices has launched a new sharia index in partnership with the Organisation of Islam