J.P. Morgan & Co. has launched a new performance benchmark for emerging markets investors.

The new Emerging Local Markets Index tracks total returns for money- market instruments denominated in currencies of the emerging countries. The gauge is the latest addition to Morgan's benchmark indices for fixed-income investors, which include the Emerging Markets Bond Index Plus and the Global Government Bond Index.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.