Morningstar introduces more than 60 new global equity indexes

By Jennifer Chiou

New York, Dec. 8 – Morningstar, Inc. announced the launch of more than 60 new global equity indexes, which provide investors with benchmarking tools that reflect the performance of equity markets worldwide and will act as the foundation for the next generation of Morningstar “strategic beta” indexes.

According to a news release, Morningstar's index family spans 45 countries in both developed and emerging markets. It comprises global, regional and country-specific indexes using a transparent, rules-based methodology with a focus on the investability of the underlying securities.

“As more and more individual investors, advisors and institutions take a global perspective to investing, our new index family will provide them with meaningful, consistent worldwide views across market capitalizations and regions to provide a deeper understanding of market behavior throughout the globe,” Sanjay Arya, head of Morningstar Indexes, said in the release.

Currently, the indexes are available with end-of-day returns and constituent data in Morningstar Direct, the firm's research platform for institutions. In the coming months, the company will add the indexes into Morningstar Advisor Workstation and Morningstar.com investment platforms for advisors and individuals, respectively, the release stated.

Chicago-based Morningstar is an independent investment researcher. The index business is part of the Morningstar Investment Management group.

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