Products January 27, 2009

FTSE: Acquisition to Bolster Support for New Indexes

January 27, 2009 (PLANSPONSOR.com) - The FTSE Group has completed the acquisition of Pensions Benchmark Corporation (PBC), a U.S.-based quantitative analysis business.
Reported by

According to a FTSE news release, PBC owner Tom Nadbielny joins FTSE as Quantitative Research Director and will head the organization’s three regional research teams based in London, New York, and Hong Kong.

The announcement said FTSE will integrate PBC’s systems and database within its own operational framework.

The news release said PBC will bolster FTSE’s ability to support clients’ use of its indexes, create new customised indexes, and provide a range of performance and risk analysis.  

“Index users are seeking increasingly sophisticated indexing tools and associated data services. The acquisition of PBC and appointment of Tom Nadbielny strengthens our capability to meet that demand and ensure FTSE remains an innovative and market-leading index provider,” said Mark Makepeace, Chief Executive, FTSE Group in the announcement.

More information is at www.ftse.com .

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