ROI-NJ reports on the launch of the NJCU NJ 50 Index

Public power: NJCU New Jersey 50 index tracks progress of 50 of state’s top public companies

The idea was simple — and born out of Wall Street.

Bernard McSherry, the founding dean of the New Jersey City University School of Business and a former governor at the New York Stock Exchange, wanted to create a way to chart the progress of the top New Jersey public companies.

Not companies that are based in New York City and elsewhere with a large presence in the state. But those that have decided to call New Jersey their home.

With that, the NJCU New Jersey 50 index fund was born.

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