Standard & Poor's Named Best Local Provider of Indices by AsianInvestor
HONG KONG, Nov. 3, 2010 /PRNewswire/ -- Standard & Poor's, the world's leading index provider, has been awarded Best Local Provider of Indices by AsianInvestor in their 2010 Service Provider Awards, in recognition of S&P Indices' continuous innovation to serve investors' needs for asset growth in the Asia Pacific region.
"Receiving this award is a great honor for S&P Indices and a recognition of our commitment to opening new avenues of investing with innovative products offered in Asia-Pacific markets," said Robin Lo, Head of Client Coverage, S&P Indices. "S&P has brought indices to the market that address different investment themes including dividend, infrastructure and emerging companies."
The AsianInvestor award reinforces S&P Indices' position as the premier gauge for investments in the Asia-Pacific region. An example of S&P's innovative and local focus includes its expanding series of S&P/ASX indices, including the S&P/ASX 200 VIX, an index that reflects investor sentiment regarding expected volatility.
Tom Schiller, Standard & Poor's Executive Managing Director and Region Head of Asia-Pacific said, "Standard & Poor's strives to meet the needs of customers in Asia Pacific, providing innovative solutions that satisfy unique local needs using global knowledge and local expertise. S&P Indices recently licensed the S&P 500 Index to Bosera Asset Management in China and relocated our Global Head of Exchange Traded Funds (ETFs) to Asia to expand our presence in this important region. We are very excited about the opportunities ahead and are honored to be recognized as the best local index provider by AsianInvestor."
In 2010, S&P Indices expanded the information and research available to market participants to complement its index innovations. S&P also launched a dedicated website called "Solutions for Asia" at www.seemore-indices.com/asia.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.
SOURCE Standard & Poor's
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