Investment Alternatives Drive Index Demand

As we begin 2008, the indexing industry finds itself in the midst of an enormous growth period. With the proliferation of the exchange-traded fund industry and growing sophistication among investors, indexes are increasingly becoming an attractive way for investors to gain access to less-explored markets and asset classes.

For example, FTSE's growth, particularly in the US market, is being driven by demand from investors seeking alpha through portfolio diversification. During the past year, FTSE

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