Index roundup: IIA quantifies total number of indexes available globally, expands membership

The Index Industry Association (IIA), a global organization of index administrators, has unveiled that there are 3.288 million indexes globally with equity indexes representing over 95% of benchmarks calculated. The trade body announced the results of a new survey of its fourteen member firms that quantifies the total number of indexes available globally for the first time ever. The survey, which was conducted as of June 30, 2017, sought information only about the total number of indexes admini