Thomson Reuters enters index market with 800 launches

Thomson Reuters has moved into the index provider market with the launch of 800 new equity indexes. The company intends to compete against established benchmark providers, targeting the likes of Standard & Poor’s, Dow Jones and FTSE Group.

The new indexes will be calculated using a proprietary classification model that encompasses 71,000 public companies and 230,000 private companies. “That is the way we classify companies in any industry – in our view it is more granular and broader than that

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