About Dow Jones Indexes and FTSE
Industry Classification Benchmark (ICB) brings together two premier global providers of indices. The wealth of experience and expertise in both parties has allowed the development of a global standard with extensive coverage. This collaborative development provides a relevant and usable standard for trading and investment decisions for all parts of the investment community.
Dow Jones Indexes
Dow Jones Indexes is an independent, full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and provides the Dow Jones Titans family, which includes blue-chip indexes for various countries, regions and sectors. Together with Wilshire Associates, Dow Jones Indexes provides the Dow Jones Wilshire index family, which features the Dow Jones Wilshire 5000 and is expanding to include a complete global family of country, region, sector, cap-range and style indexes. Dow Jones Indexes also maintains a variety of specialty indexes, such as the Dow Jones-AIG Commodity Index, the Dow Jones Select Dividend Index and the Dow Jones Islamic Market Indexes.
Dow Jones indexes are maintained according to a clear, unbiased and systematic methodology that is fully integrated within index families. Daily values of Dow Jones indexes are distributed via major real-time and end-of-day market-data vendors, are published in financial publications and on financial Web sites, and can be downloaded from the Dow Jones Indexes Web site at www.djindexes.com.
Dow Jones Indexes is a unit of Dow Jones & Company (NYSE: DJ; dowjones.com), which publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC Universal of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
FTSE Group
FTSE Group is a world leader in the creation and management of indexes.
Their indexes are used extensively by investors worldwide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indices to ensure that they are made objectively and without bias.
FTSE calculates and manages the FTSE Global Equity Index Series, a broad family of indexes capturing Large, Mid and Small Cap stocks. The series also contains the widely used FTSE All-World Index and a variety of strategy indexes including socially responsible investment (FTSE4Good), multinationals and style. In addition, FTSE calculates a broad range of asset class and domestic equity indexes such as FTSE Hedge and the prestigious FTSE 100 for the UK market. Custom indexes are also available to suit an endless variety of investment strategies.
In the US, FTSE has partnered with several notable financial industry leaders to create and manage products for the investment community-including Dow Jones Indexes for ICB and Rockville, MD-based Institutional Shareholder Services (ISS) to create the recently launched Corporate Governance Index Series. In other markets, FTSE also has collaborative arrangements with the Athens, Cyprus, Euronext, Johannesburg, London, Luxembourg, and Madrid exchanges, as well as with Nikkei of Japan (Nihon Keizai Shimbun, Inc), and Xinhua Financial Network of China. With offices in London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco and Tokyo, FTSE Group Services clients in 77 countries worldwide. Real-time FTSE indices are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.
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