MSCI Barra, a provider of investment decision support tools, plans to launch a new family of benchmark indices covering 19 Frontier Market countries, and a new tradable index for Asia the MSCI Asia APEX 50 Index.
In addition, MSCI Barra will provide a series of new regional and global composite indices that combine the MSCI Frontier Markets Indices with the existing MSCI Emerging Markets and MSCI All Country Indices. The resulting indices will include the MSCI Emerging and Frontier Markets (EFM) Index and the MSCI All Country World and Frontier Markets (ACWI FM) Index.
Henry Fernandez, chairman and CEO of MSCI Barra, said: Our decision to launch the MSCI Frontier Markets Indices reflects the growing interest from international investors in these equity markets, as they look beyond existing developed and emerging markets in their search for new investment opportunities. The MSCI Asia APEX 50 Index is being launched in response to investor demand for a tradable index based on the MSCI AC Asia ex Japan Index. As the individual country markets across Asia have become more accessible, the demand for index linked products based on the region has increased.