- Agreement Includes Global Index Licensing, Marketing, Distribution, and Management of all BVL Indices
- All BVL Indices to be Co-Branded “S&P” including a new version of the flagship IGBVL index and a new blue chip index soon to be launched.
- S&P DJI Continues its Expansion in Latin America
S&P Dow Jones Indices (“S&P DJI”) announced that, as part of its strategic growth plan to expand throughout Latin America, it has signed a landmark agreement with the Bolsa de Valores de Lima(“BVL”) to license, distribute, and govern all of the BVL indices including a new version of their flagship index, IGBVL (Indice General de la Bolsa de Valores de Lima).
S&P DJI will be responsible for the marketing and commercial licensing of the BVL indices. The agreement also allows S&P DJI to eventually calculate all of the BVL indices, and to jointly create new indices with the Exchange to meet the evolving needs of investors inside and out of Peru. Each of these indices will be designed with an eye toward being liquid enough to serve as the basis for potential investment products.
Source: PRNewswire
