Index roundup: Barclays teams up with Time for Fortune 500 index family

Barclays and Time Inc.'s Fortune have entered into an exclusive agreement for Barclays to launch a new family of stock indices based on the Fortune 500, the list of the largest corporations in the United States ranked by revenue. The Fortune 500 companies represent two-thirds of the US GDP with $12tr in revenues, $890bn in profits, $19tr in market value and employ 28.2 million people worldwide. Walmart, with revenues of $485bn, is currently ranked number one in the annual list, with Berkshire H