UK – FTSE has acquired ING Barings’ half share of Global-Pro, the global customised index service, and will also take over Barings’ Emerging Markets Indices (BEMI) by the end of the year.

Global-Pro was launched last year in a joint venture between FTSE and ING Barings and allows investors to construct a customised benchmark to suit any investment requirement.

Says Andrew Brown, ING Barings’ head of international index servicing : “This is the next evolutionary step for the BEMI index products. By migrating the BEMI and Global-Pro services to FTSE, the future growth and development of both products is ensured.”