Bank of New York Mellon Corp. has launched the Euro-Pacific Select ADR Index.

It is an "equal-weighted" index of a group of American depositary receipts from countries in Europe and the Asia-Pacific region.

These countries inculde Australia, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

The index is a subset of the Bank of New York ADR Index. The larger index tracks all depositary receipts, New York shares and global registered shares that trade on the New York Stock Exchange, NYSE Alternext US and Nasdaq.

Bank of New York Mellon acts as depositary for more than 1,300 sponsored American and global depositary receipt programs.

The company has $20.2 trillion of assets under custody and administration, $928 billion of assets under management, services more than $11 trillion of outstanding debt and processes an average of $1.8 trillion a day in global payments.

Bank of New York Mellon made the announcement Monday.

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