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JPMorgan sticks to indices with $45tn bond benchmark

Many rivals have sold similar businesses to exchanges and data providers in recent years

JPMorgan sticks to indices with $45tn bond benchmark

JPMorgan has launched a new $44.5tn global bond index — bucking a trend that has seen rival banks sell similar businesses to exchanges and data providers.

The US banking group has brought its suite of bond indices under the new Global Aggregate Bond Index, which tracks more than 22,000 securities, according to a letter to investors seen by Financial News.

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