Deals & People June 17, 2011
Dow Jones Indexes Sells ICB Interest
Global index provider Dow Jones Indexes announced that it has sold
its 50% interest in Industry Classification Benchmark (ICB).
Reported by PLANADVISER staff
Dow Jones Indexes plans to implement a new proprietary
classification standard for its own indexes as well as for those it
calculates, maintains, and disseminates for clients. The new standard
will be based on the ICB system, the company announced.