New Asian Blue-chip Index to Cover Asian Tiger Countries
NEW YORK (Apr. 8, 2003) — Dow Jones Indexes today announced it is expanding its Titans blue-chip index series to include an index covering the four of the so-called Asian Tiger countries, Hong Kong, Singapore, South Korea and Taiwan.
The new Dow Jones Tiger Titans 50 index will be launched in the second quarter and will contain 50 of the largest and best-known companies in the four countries.
“The Dow Jones Tiger Titans 50 is the first index to represent Asian Tiger countries,” said Lars Hamich, executive director of global business development for Dow Jones Indexes. “The four countries included in the index are fast-growing economies with competitive returns in recent years, which makes the index an interesting tool for financial institutions.”