Thomson Reuters issues challenge to index providers

Competition is heating up among index providers, particularly following a significant shift into more passive, benchmark-tracking investments, such as exchange-traded funds (ETFs), last year. Thomson Reuters will make its latest move with today's launch of 7,500 equity sector-level indices, including a range referencing Asia-Pacific and emerging markets. The US information and technology group has thereby boosted its total number of indices to over 8,000 -- including 2,336 emerging-m…