Dow Jones Indexes has launched four new indices within its Required Business Performance range, available as a basis for financial products.
Three of the new indices are based on directional strategies. These are the Dow Jones RBP US Large-Cap Aggressive index, the US Large-Cap Defensive index, and the US Large-Cap Market index. The provider has also launched the Dow Jones US Large-Cap Total Stock Market index, a fundamentally weighted benchmark using rules-based information to measure the valuation of publicly traded companies. The three strategy indices have been licensed to Transparent Value to underlie three mutual funds. Dow Jones Indexes president Michael Petronella says: "Dow Jones RBP Indexes are quantitative st...
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