Press Releases
NEW YORK, July 29, 2015 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI), one of the world's leading index providers, today announced the launch of a robust suite of global infrastructure bond indices to effectively measure corporate, municipal and preferred debt issued by infrastructure companies throughout the world.
The new lineup of indices track the fixed income component of S&P DJI's widely followed family of listed infrastructure equity benchmarks, which include the Dow Jones Brookfield Global Infrastructure Index, providing investors with a holistic perspective of the infrastructure asset class.
"Today's launch of a suite of global infrastructure bond indices allows S&P Dow Jones Indices to provide investors with a complement to our well known suite of infrastructure equity indices, and places us one step closer to our stated goal as being the only major index provider to offer an extensive lineup of fixed income indices across all bond types throughout the world," says Alex Matturri, CEO of S&P Dow Jones Indices. ""The demand for transparent benchmarks that measure infrastructure assets is growing worldwide, and S&P Dow Jones Indices is proud to offer infrastructure investors with another set of benchmarks to effectively measure the performance of these assets."
Index Family
- Dow Jones Brookfield Global Infrastructure Broad Market Corporate Bond Index: A market value-weighted index that seeks to measure the performance of the corporate debt issued by infrastructure companies globally.
- S&P U.S. Preferred Infrastructure Stock Index: An index designed to measure the performance of the infrastructure sector of the U.S. preferred stock market, categorized according to selected Global Industry Classification Standard (GICS®) sub-industry groups.
- S&P Municipal Bond Infrastructure Index: An index that consists of revenue bonds in the S&P Municipal Bond Index that are related to infrastructure. Bonds that are pre-refunded/escrowed to maturity are not included.
- S&P Taxable Municipal Revenue Bond Infrastructure Index: An index consisting of revenue bonds in the S&P Taxable Municipal Bond Index that are related to infrastructure.
In January of this year, S&P Dow Jones Indices announced an aggressive plan to exponentially grow its fixed income index business throughout the world – bringing greater transparency, integrity, breadth, and flexibility to the fixed income markets. Amongst a number of global index releases, it has created and launched the S&P Aggregate™ Bond Index Family which covers over 20,000 individual securities with the ultimate goal of launching thousands of maturity and sector based indices, as well as the S&P 500® Bond Index which is the market's first ever index that tracks the debt of the S&P 500 companies. S&P 500 Bond Index is priced in real-time throughout the day and directly corresponds to movement in the U.S. bond market.
To learn more, please visit: www.spdji.com.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
SOURCE S&P Dow Jones Indices