Dow Jones Indexes has launched the Dow Jones Australia LPT Index to track the performance of listed property trusts traded on the Australian Stock Exchange.

“The index was developed due to market demand from Australian investors for a comprehensive tool based on rules and a clear methodology,” says Lars Hamich, managing director of STOXX Ltd, the joint venture that is responsible for Dow Jones Indexes’ business development in Asia, Europe and the Middle East.

“It is designed to underlie investment products, and will allow investors to participate in the performance of the Australian real-estate market.”

The index was develope...