FT’s Interactive Data operation current services 27 asset managers throughout Europe. The acquisition will place the Edinburgh, Scotland-based provider of data collection, reconciliation, formatting and distribution of third-party benchmark information under the Russell/Mellon CAPS umbrella, according to a news release.
Further, Russell/Mellon plans on expanding the number of indices available to investment managers through this service. The current product set includes data from index vendors such as Russell, S&P, FTSE, MSCI, JP Morgan GBI, and DJ STOXX.
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