MSCI Adds 5 Stocks To ACWI Index; Nixes 8
August 16, 2012
MSCI, perhaps the most respected provider of investable global indexes, will add five stocks to its All-Country World Index (ACWI), while pulling eight from the broad global equities benchmark as part of its quarterly review of specific constituents.
The three largest additions to the MSCI Global World Index measured by full company market capitalization are U.S.-based Camden Property Trust and Realty Income Corp, and Israel-based Mellanox Technologies, the company said in a press release.
The two additions to the MSCI Emerging Markets Index measured by full company market capitalization are Korea-based Amoreg and Brazil-based Marcopolo, MSCI said.
The changes are likely to be closely followed, given the company’s claim that $7 trillion in assets are benchmarked to its indexes globally. One of the biggest exchange-traded funds using the firm’s indexes is the $54 billion Vanguard MSCI Emerging Markets Index (NYSEArca: VWO).
All the changes, which are now posted on the company’s website, will be implemented on Aug. 31, the company said.
Among some of the various changes that will take place with its various indexes are:
Paul and Ugo discuss the rumors surrounding the SEC's new approach to passive ETFs and whether investors have learned any lessons from the recent moves in gold.See All