FT to reenter stock index business with Wilshire as provider

TOKYO -- The Financial Times will begin a stock index business, the London-based news organization said on Wednesday.

Through a partnership with U.S. investment service provider Wilshire Associates, the FT will develop a new index, under the brand name FT Wilshire 5000, that seeks to provide new insights and meet the demands of global investors. The two will also collaborate in areas like data and information analysis services.