In response to increasing demand within the Italian market, Russell/Mellon has launched delivery of an Italian Equity Product featuring the Mercato Italiano di Borsa (MIB) Index. MIB is a domestic Italian equity index and is the latest to be added to its Index Services data delivery service.
Russell/Mellon's Index Services data deliveries include the information needed for detailed analysis of each index and their use as a benchmark. This is official information as well as value added data, such as Total Return, Start of Period Market Cap and a more comprehensive coverage of Industry Levels.
Russell/Mellon Europe's, Chief Executive Officer, Mick Brant said, "Asset Managers and Financial Institutions have difficulty obtaining high quality market data. Russell/Mellon is providing them with this high quality information, unavailable elsewhere, through our Index Services offering. We are delighted to be adding the MIB index to support the Italian market."