Vatican bank launches stock investment indexes (Institute for the Works of Religion)

The Institute for the Works of Religion (IOR), colloquially known as the Vatican bank, has launched two equity investment indexes in collaboration with the American financial firm Morningstar.

The Morningstar IOR Eurozone Catholic Principles and the Morningstar IOR US Catholic Principles indexes are “built following market best practices and in accordance with Catholic ethical criteria, and are designed to serve as a reference for Catholic investments worldwide,” the IOR announced.

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