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Follow on Google News | Desai Research Launches New Fundamentals-Based Index SeriesDesai Research Associates, the first Independent Stock Indexing Company from India, is launching indices based on its proprietary index calculation methodology for Indian and US equity markets
By: Abhay Desai In addition to the India Benchmark Index in the FINDX Series, Desai Research Associates are launching ten different sub-indices based on factors such as ownership pattern, sector, fundamental parameters. All these indices are being tracked from 1st April 2008 and have between 20 to 30 constituents based on individual parameters. All these sub-indices also use the same proprietary methodology developed by Desai Research Associates. Desai Research Associates simultaneously announce launch of US-based indices using the same unique methodology of index calculation. The US Benchmark index which is a 50-constituent index and is being tracked from 1st October 2007, has given much better returns as compared to other popular benchmark indices tracked in the US market. In addition to US Benchmark Index, three additional sub-indices namely US All Stars, US Heavyweights and US Riches are being launched. Similar to their Indian counterparts, all the US indices shall also be published in nine currencies to help investing community worldwide. This innovative methodology is intended to assist worldwide investors in providing unique understandings of market movements. The methodology developed by Desai Research Associates has taken more than two years to mature and a rigorous back-testing is done to ensure index integrity. With recent turmoil in stock markets, the FINDX series of indices has passed all the stress tests and has come out with better results. For additional information, the readers can visit http://www.desairesearch.com Press Contact: Abhay Desai Phone: +91-9823707907 abhay@desairesearch.com http://www.desairesearch.com # # # Desai Research Associates is a Pune, India based firm involved in research of stock indices. Their proprietary indexing methodology has resulted in development of FINDX indices, based only on Fundamentals. They maintain15 indices for India and US markets. End
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