20 May 2019 Index companies to feel the chill of fund managers’ price war

Some groups take benchmarking services in-house, threatening providers’ revenue

Cut-throat competition has squeezed prices in fund management but one faction has been immune — the index companies that provide the benchmarks against which trillions of dollars of investment assets are managed.

An icy wind is sweeping in, however, and the likes of S&P Dow Jones Indices, MSCI and FTSE Russell are about to feel the chill.  Giant fund managers have cut costs to the bone.  Now some are taking benchmarking services in-house, threatening the revenue streams of the highly profitable index providers.

Read the full story here:  https://www.ft.com/content/e886b2d2-e852-3071-85c1-c9a57113d8a5