NEW YORK, Nov. 20, 2006 (PRIMEZONE) -- Dow Jones Indexes, a leading global index provider, and Wilshire Associates, a global leader in investment technology, investment consulting and investment management, announced today the addition of a new member to the Dow Jones Wilshire Indexes Advisory Board.
Amy Schioldager, who is a managing director at Barclays Global Investors and heads its Equity Index Portfolio Management Team, joins the board just weeks after the October launch of the Dow Jones Wilshire Global Index Family. As a member of the board, she will address issues related to measuring and monitoring the global equity market.
Michael A. Petronella, president, Dow Jones Indexes, said: "Amy brings to the board more than 15 years worth of industry leadership in both international and domestic equity index funds." Petronella added that, "Amy's impressive research and management experience will add further strength to this esteemed board."
Amy Schioldager said, "It will be an honor to discuss the global stock market and the correlating indexes with an advisory board that includes some of the most respected names in the industry."
The San Francisco-based Schioldager, who recently spearheaded Barclays' foray into global real estate indexing, becomes the ninth member of the board, which includes experts in the areas of money management, investment products, indexing, and pension and retirement plans.
The other board members are:
John C. Bogle, President, Bogle Financial Markets Research Center Paul Brakke, Senior Principal, State Street Global Advisors Robert Podgorny, President, National Conference on Public Employee Retirement Systems Steven Schoenfeld, Chief Investment Strategist, The Northern Trust Company Wayne H. Wagner, Senior Advisor, ITG Solutions Network; Former Chairman, Plexus Group Ronnee Ades, Senior Director, Institutional Markets, Dow Jones Indexes John A. Prestbo, Editor and Executive Director, Dow Jones Indexes Robert J. Waid, Vice President and Principal, Wilshire Associates
About the Dow Jones Wilshire Index Family
Anchored by the Dow Jones Wilshire Global Total Market Index(sm), which includes more than 12,000 stocks in 56 countries with a float-adjusted market capitalization of nearly $34 trillion, the new index family seeks to measure all stocks with readily available prices in the world's markets. The Dow Jones Wilshire Global Index Family is updated monthly and re-balanced semi-annually and uses a transparent, published, rules-based methodology.
The development of the global family of indexes marks a new phase of the Dow Jones-Wilshire relationship. The affiliation began in 2004 when Dow Jones and Wilshire co-branded and marketed the Dow Jones Wilshire family of indexes. Now, by extending the Dow Jones Wilshire methodology used in the U.S. internationally, the global indexes provide unprecedented breadth, consistent global coverage, and objective and transparent rules.
Float-adjusted capitalization-weighted versions of the Dow Jones Wilshire 5000, 4500, RESI and REIT indexes were launched on May 1, 2004. The large-, small- and micro-cap indexes, as well as growth and value indexes, were launched March 14, 2005. The top 10 industries, as defined by the Industry Classification Benchmark System(sm), were first published in August 2005, followed by the lower ICB(sm) hierarchy levels December 2005.
Dow Jones Wilshire indexes are available on market-data vendor platforms- many in real-time format-and on the Dow Jones Indexes (www.djindexes.com) and Wilshire Associates (www.wilshire.com) Web sites. The Dow Jones Wilshire 5000 Composite Index(sm) is calculated and distributed by Dow Jones Indexes pursuant to an agreement between Dow Jones & Company and Wilshire Associates Incorporated. "Dow Jones" and "Wilshire" are the respective service marks of Dow Jones & Company, Inc. and Wilshire Associates Incorporated.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:
New York: +1-212-597-5720 Frankfurt: +49-69-29-725-290
To contact Wilshire Associates public relations, please e-mailkim.shepherd@wilshire.com or call: Chicago: Kim Shepherd, +1-847-332-2987
Note to Editors:
About Dow Jones Indexes
Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information. Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages and the Dow Jones Global, Regional, Country and Sector Titans Indexes and is co-owner of the Pan-European Dow Jones STOXX Indexes. Together with Wilshire Associates, Dow Jones Indexes markets and licenses the Dow Jones Wilshire index family, which includes the Dow Jones Wilshire 5000 and its size, style, and sector indexes. Dow Jones Indexes also offers a number of specialty indexes including hedge fund, commodity and credit derivative indexes.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE:DJ) (www.dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, MarketWatch and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva and with Hearst of SmartMoney. Dow Jones also provides news content to CNBC and radio stations in the U.S.
The Dow Jones Indexes and Wilshire Associates logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2464
About Wilshire Associates
Wilshire Associates is a leading global investment technology, investment consulting and investment management firm with four business units: Wilshire Analytics, Wilshire Funds Management, Wilshire Consulting, and Wilshire Private Markets. The firm was founded in 1972, revolutionizing the industry by pioneering the application of investment analytics and research to investment management for the institutional marketplace. Wilshire also is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire's strong analytics foundation.
Wilshire developed the index now known as the Dow Jones Wilshire 5000 Composite Index(sm), the first asset/liability models for pension funds, the first U.S. equity style metrics work and many other "firsts" as the firm grew to more than 300 employees serving the investment needs of institutional and high net worth clients around the world.
Based in Santa Monica, CA, Wilshire provides services to clients in more than 20 countries representing in excess of 600 organizations with assets totaling more than $12.5 trillion. With nine offices on four continents, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Please visit www.wilshire.com for more information.