California-based Wilshire Associates, an independent investment consulting and services firm, has announced that it will again market the original Wilshire 5000 Total Market Index devel
California-based Wilshire Associates, an independent investment consulting and services firm, has announced that it will again market the original Wilshire 5000 Total Market Index developed in 1974 by its chairman and chief executive, Dennis A. Tito, after ending its relationship with Dow Jones Indexes.
Since 1 April, only Wilshire has the authorization to provide history back to 31 December 1970 for the original Wilshire 5000 which will be broadcast in real time to data vendors.
The Wilshire family of indexes spans the globe and includes US Size/Style, US and Global Real Estate, as well as indexes representing 65 countries and regional, developed and emerging markets indexes.
“Now widely considered the best way to track the US equities market and estimate market value changes, the Wilshire 5000 was not developed to create licensed products, generate media coverage or support other indexes,” says Tito (pictured).
“Beginning with the Wilshire 5000, each Wilshire Index was created to assist our investment professionals and clients to measure, understand and explain the market. That is why the Wilshire Index family reflects Wilshire’s performance measurement heritage as the right way to measure the market.’
Wilshire Associates, a leading global, independent investment consulting and services firm, provides consulting services, analytics solutions and customized investment products to plan sponsors, investment managers and financial intermediaries. Its business units include Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.
Wilshire developed the Wilshire 5000 Total Market Index, the first asset/liability models for pension funds and the first US equity style metrics work.
