In a statement, the company said the indexes would “provide investors with benchmarking tools that reflect the performance of equity markets worldwide”.
Head of Morningstar Indexes Sanjay Arya suggested the new information could provide an international perspective to investors.
“As more and more individual investors, advisers, and institutions take a global perspective to investing, our new index family will provide them with meaningful, consistent worldwide views across market capitalisations and regions to provide a deeper understanding of market behaviour throughout the globe,” he said.
The new indexes will include global, regional and country-specific information on market monitoring, asset allocation and attribution analysis, according to the statement.
With the new additions, Morningstar now provides indexes spanning 45 countries in both developed and emerging markets, the statement said.
