MSCI launches additional EM index
Index provider MSCI has launched a new tradable index, the MSCI EM 50, which is correlated to the MSCI Emerging Markets index, but contains just the 50 largest constituents.
MSCI said the launch responded to demand from clients looking for a tradable version of its broader emerging market index.
“We expect the MSCI EM 50 Index will serve as the basis for numerous index-linked investment vehicles, ultimately providing investors with new ways to gain exposure to Emerging Markets, which have been a critical driver of the global economy over the past decade.” said Theodore Niggli, MSCI managing director.
The new index applies eligibility screens to exclude some of the smallest emerging markets countries and uses depositary receipts for certain markets that are less accessible to foreign investors.
For further information on the MSCI EM 50 Index, visit www.msci.com/indices/tradable/EM_50