June 26, 2013 (PLANSPONSOR.com) – The NASDAQ OMX Group Inc. and FactSet Research Systems Inc. announced that FactSet clients will now have access to the NASDAQ Global Index Family.
The NASDAQ Global Index Family provides a transparent, rules-based global benchmark for institutional investors. It is specifically designed to meet the needs of institutions seeking extensive equity market coverage.
"FactSet is pleased to add the NASDAQ Global Index Family to our Global Indexing and Benchmark offering," said Patrick Locke, vice president, Database Development, FactSet. "This release combines NASDAQ OMX's Global sector, benchmark and tradable indexes with FactSet's analytical tools to let clients benchmark and track a broad representation of the global investable marketplace."
The NASDAQ Global Index benchmark will provide broad exposure for most investable large-cap, mid-cap and small-cap securities. The benchmark is broken down by market segment, region, country, size and sector, and has a total float-adjusted market capitalization of over $37 trillion. The family includes 45 countries classified as developed and emerging markets.
Securities in the NASDAQ Global Index Family are weighted according to their free-float adjusted market capitalization. The Global Index Family does not overlap, meaning all individual securities can only be assigned to one country, one size segment and one sector. More information is available here.