Exclusive: S&P Dow Jones to launch three new Middle East indices - The National:
"Index provider S&P Dow Jones Indices plans to launch three new regional indexes by early 2018 a it continues its expansion in the Middle East and North Africa (Mena) and leverages the global and regional rise in passive investment inflows, its global chief executive. The company plans to launch two high-yield indexes before the end of this year – the S&P Mena Bond and Sukuk High Yield Index, and the S&P Bond and Sukuk High Yield Index – said its global chief executive Alex Matturi. The company, which is majority owned by S&P Global, plans to launch a third index, the S&P Pan-Arab Sharia Multi-Asset Class Index, in the first quarter of 2018, responding to growing demand for market benchmarking tools among banks, asset managers and sovereign wealth funds."
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