Index roundup: Global index revenues hit record high

Global index revenues totaled a record US$2.7 billion last year, up 18.8%, according to a benchmark study published by Burton-Taylor International Consulting , part of TP Icap's data and analytics division. The consulting firm attributed the rise to increasing assets under management levels in exchange-traded funds (ETFs) and growing demand for custom indexing solutions. Index industry revenues rose across all business segments in 2017, while that including non-recurring transaction revenue as