Morningstar Launches Global Equity Indexes

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    Morningstar, Inc. has launched more than 60 new global equity indexes. Morningstar’s index group spans 45 countries in both developed and emerging markets. The new indexes provide investors with benchmarking tools that reflect the performance of equity markets worldwide and will serve as the foundation for the next generation of Morningstar ‘strategic beta’ indexes – indexes that seek to either improve performance or alter the level of risk relative to a standard benchmark. The new index group comprises global, regional, and country-specific indexes using a transparent, rules-based methodology with a focus on the investability of the underlying securities. The new index family can help investors with market monitoring, asset allocation, and attribution analysis. Currently, Morningstar has more than 280 indexes and approximately 40 exchange-traded products track its indexes globally.