LONDON--(BUSINESS WIRE)--MSCI Inc (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that ETF Securities Limited and E Fund Management (HK) Co., Ltd, have licensed the MSCI China A Index as the basis for a proposed exchange traded fund (ETF).
“We are delighted to be able to license the MSCI China A Index. We expect our product to be the first UCITS ETF listed in London tracking the MSCI China A Index which provides better diversification and sectorial coverage than other indices we have reviewed,” said Matt Johnson, Head of Distribution EMEA, ETF Securities. “As MSCI continues to evaluate the inclusion of Chinese A shares into its flagship Emerging Markets Index, we believe that working with them on this initiative will appeal to investors currently utilising this index as a benchmark.”
“The attractive China A shares market is gaining much ground with global investors. E Fund is pleased to be working on a new product for Europe with ETF Securities that, once launched, will give a clear measure and representation of this segment,” said Mr Ko Tseng, Managing Director, E Fund Management (HK) Co., Ltd.
“We are pleased to welcome ETF Securities and E Fund to our growing list of clients who choose to license MSCI indices for their products in Europe, reinforcing MSCI’s position as the benchmark of choice for the ETF market,” said Deborah Yang, Managing Director and Head of the MSCI Index Business in EMEA and India. “A significant hurdle for international investors is starting to come down as the opening of the China domestic equity market accelerates, and the MSCI China A Index provides investors with an effective way to capture the diverse and dynamic opportunities of the A share market.”
In a 2013 report, Greenwich Associates named MSCI the “benchmark of choice” for international equity ETFs.1
1 Greenwich Report “Institutional Investors’ Relationship with ETFs Deepens”, May 2013, Greenwich Associates
About MSCI
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools.
The company’s flagship product offerings are: the MSCI indices with approximately USD 8 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indices and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS corporate governance research, data and outsourced proxy voting and reporting services; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.
1As of September, 2013, as reported on January 31, 2014 by eVestment, Lipper and Bloomberg
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