Stepstone Group, FTSE Russell launch global private market indices

FTSE Russell and StepStone announced the launch of the FTSE StepStone Global Private Market Indices. The company said, “There is increasing customer demand for clear, daily, private market benchmarks that address the historical challenges caused by reporting lags or fragmented datasets. These new indices will enable investors to monitor private market trends with more agility and precision than benchmarks based on quarterly valuations. These indices set the foundation for total portfolio benchmarking when integrated with FTSE Russell’s liquid index range across public asset classes.”