Euronext, Morningstar launch European Blue-Chip Indexes
Partnership aimed at delivering series of derivatives products based on Morningstar benchmarks bears fruit
The aim is to provide asset managers, brokers, exchange-traded fund issuers, banks and trading desks with equity beta indexes that can be used as benchmarks and for investable product creation, say officials. The launch will also benefit investors by increasing their choice of European benchmark providers, they say.
The indexes are included in Morningstar’s Open Indexes Project, which delivers a portion of the company’s global equity indexes to investors for benchmarking purposes at no cost.
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