New Jim Rogers' Index: Rogers Global Resources Equity Index (RGREI)

Jim Rogers has been chosen by CITIC Group (China) and Banco Bilbao Vizcaya Argentaria (BBVA) to pick companies operating in the resources sectors to create a new index.

This new index called the Rogers Global Resources Equity Index (RGREI) will include companies in agriculture, alternative energy, forestry, energy and metals with a total of 200 stocks.

BBVA head of equities, Eugene Lee, said there is already an institutional base of clients in Latin America with a strong interest in investing in a commodity index like the Rogers Global Resources Equity Index.

Rogers has his own index fund, the Rogers International Commodities Index (RICI) based on commodities futures (not companies) currently tracked by RJA ETF (in the US) and Barclays Global Commodities Delta Fund (in Asia).