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There Were 438,000 New Indexes Created Over the Last Year

Now more than 3.7 million benchmarks globally vs 50,000 stocks
Results from index industry group’s survey of 14 member firms

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November 14, 2018, 6:20 PM UTC

It’s been a bumper year for passive investing, judging by the increase in indexes.

Benchmarking giants like S&P Global Inc., MSCI Inc. and the London Stock Exchange Group Plc’s FTSE Russell created 438,000 new indexes over the 12 months through June 30, according to a study from the Index Industry Association. Gauges tracking bonds and companies that address environmental, social and governance issues helped fuel the rise.