Thomson Reuters (NYSE: TRI) announced on Monday that it has launched 7,500 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. The indices also include new and relevant sectors such as water, renewables and diversified media.
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.
“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,” said Sunand Menon, global managing director of indices at Thomson Reuters.
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 company says 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 utilize the proprietary Thomson Reuters Business Classification system, which provides globally consistent sector standards.
“The combination of our unbiased classification system, liquidity filter and efficiency of our workflow is unique to the market,” said Menon.
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.
IE
Thomson Reuters launches 7,500 new indices
First line of Iberian sector and NAFTA sector indices introduced
- By: IE Staff
- March 15, 2010 March 15, 2010
- 10:55